Input Tax Credit on MIDC Fees

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Student
54 Points Posted on 04 February 2022

Can we claim ITC for making payment to MIDC for drainage Charges,Water Charges , Environment Charges,Fire Charges which is levied by the MIDC to Company?

Here MIDC stand for Maharashtra Industrial Development Corporation..

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On 04 February 2022 at 15:25 Report
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This discussion explores whether companies, particularly those in the Pharma Chemical sector, can claim Input Tax Credit (ITC) on various charges levied by the Maharashtra Industrial Development Corporation (MIDC). Specifically, it questions the eligibility of ITC for payments related to drainage, water, environment, and fire charges.

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Chief Accountant
3150 Points Posted on 04 February 2022
What is a nature of business ?
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On 04 February 2022 at 19:57
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Student
54 Points Posted on 04 February 2022

Pharma Chemical

 

 

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On 04 February 2022 at 20:30

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