Hi all,
We purchased cements & steels from vendor for factory building where we do the business.
Some steels used for Building setup and some used for equipments building.
Whether we can take ITC for the same? IF yes how can take
Hi all,
We purchased cements & steels from vendor for factory building where we do the business.
Some steels used for Building setup and some used for equipments building.
Whether we can take ITC for the same? IF yes how can take
ITC over steel used for equipment can be claimed, but that of building construction is to be capitallized.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
