Good afternoon sir
Sir construction company purchased oxygen concentrater , whether itc is available or not ?
Dear Mr. Nisar this can be claimed as nexus to business can be proved. Such plant/machinery does not form part of Sec 17(5) of CGST Act in my view. Where it is not for business, rather is for personal consumption then ITC could be said to be ineligible.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
