Eligibility Input credit

on what products and services input credit can be availed by plastic pipe manufacturers
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Quick Summary
Plastic pipe manufacturers can claim input tax credit (ITC) on most goods and services purchased for their business. However, certain items are ineligible for ITC as detailed in Section 17(5) of the relevant legislation. It's crucial to understand these exclusions to ensure correct tax compliance.

On all purchases of goods and services except those blocked under section 17 (5)
On all products of pipe manufacturers except blocked ITC
ITC on all procurement of goods or services, except blocked credit u/s 17.

Input tax credit (ITC) can be availed on all purchases if those are for furtherance of business. You can refer to section 17(5) for the details of goods/services which are ineligible for ITC

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