Eligibility Input credit
shivaraj (student) (32 Points)
13 June 2021
on what products and services input credit can be availed by plastic pipe manufacturers
4 Replies
CA Altamush Zafar
(GST Consultant)
(15971 Points)
Replied 13 June 2021
On all purchases of goods and services except those blocked under section 17 (5)
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 13 June 2021
On all products of pipe manufacturers except blocked ITC
Rajamahendra Varma M.B.A.,LL.B
(Advocate and GST Practitioner)
(245 Points)
Replied 14 June 2021
ITC on all procurement of goods or services, except blocked credit u/s 17.
Bhavika Kothari
(CA)
(1258 Points)
Replied 24 June 2021
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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