As per GST Law:- "ITC is available on inputs used to manufacture plant and machinery for own use."
Query:-
An Individual is constructing a factory for Industrial Production - can he avail ITC on inputs - like Cement, etc ?
As per GST Law:- "ITC is available on inputs used to manufacture plant and machinery for own use."
Query:-
An Individual is constructing a factory for Industrial Production - can he avail ITC on inputs - like Cement, etc ?
Thanks. But please see below example given at "clear tax website",
So, how to differentiate between "Plant" & "Factory"
Naveen Fintech Pvt Ltd
Kolkata
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
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