GST input credit for solar panels and system

I am having a proprietory firm engaged in distribution of FMCG products. I am installing a 8 kw solar system with panels for electricty generation on top of my office building. Am i eligible for GST input credit. Please inform about the depreciation also

Replies (6)
Quick Summary
This discussion explores the eligibility of claiming GST input tax credit (ITC) for an 8kW solar panel system installed for business electricity generation. While the general consensus leans towards ineligibility under Section 17(5)(c) and (d) of the CGST Act, the conversation highlights that specific clauses for solar panels are not explicitly mentioned. Professionals are encouraged to thoroughly examine the business purpose and usage to determine the applicability of blocked credit provisions.

If it is for business purpose, you can claim.

also can claim depreciation.

not sure of there is any specific clause for solar panels.
As per my view,
The said ITC is ineligible/blocked u/s 17(5) (c) and (d) of CGST act...

So, Reverse the ITC.
Gst input for solar systems and panels .

Very well copy paste of Heading...

Haha..

raja sir , block credit doesn't specifically mention this anywhere. right? any general clause?
Dear Mr Sharath Chandra,

--> block credit doesn't specifically mention this anywhere. right?

===> You are Exactly correct. And Not only this. Blocked, Ineligible and Reversible is based on business, furtherance of business, Usage in business and Business products...

Am I Right...???



--> any general clause?

===> Yes, definitely. As per my above said reply (in this msg) it's a simple clause...
Better to check (think about the said product) once again based on query...

(Dear I can simply reply Your question if You are just querist. But, You are a Professional. You must fine out the clause and applicable provisions.
So, only I give Yourself for find out the clause)

GOOD LUCK...

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