we installed a fire fighting system in our factory through a contractor.
he billed to me with GST.
can we claim the itc. amount arround Rs. 400000/- includes supply and labour
please reply at the earliest.
thanks in advance
ITC of fire Fighting system installed in factory
Replies (2)
Yes you can claim as per sec16
If it's a works contract then NO but if it involves two transactions viz Purchase of System direct in Companies Name & Service Contract for Installation then Yes it would be available
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