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itc avail
I AM A WORK CONTRUCTOR.......................can I AVAIL ITC???? .... (BYE A JCB FOR JOB PURPOSE)............
Replies (5)
Yes u can use
any circular
See GST SECTION 17
Its normal business activities for the furtherance of business
As per section 16 CGST Act
Every registered person shall, subject to such conditions and restrictions as may be prescribed and in the manner specified in Section 49, be entitled to take credit of input tax charged on any supply of goods or services or both to him which are used or intended to be used in the course or furtherance of his business and the said amount shall be credited to the electronic credit ledger of such person.
As per section 16 CGST Act
Every registered person shall, subject to such conditions and restrictions as may be prescribed and in the manner specified in Section 49, be entitled to take credit of input tax charged on any supply of goods or services or both to him which are used or intended to be used in the course or furtherance of his business and the said amount shall be credited to the electronic credit ledger of such person.
Yes I agree with it.
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