hi
ITC on AMC on capitalised asset is eligible?
eg. AMC for lift
AMC FOR inverter
AMC for computer
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ITC ON AMC
Replies (5)
AMC FOR inverter - Yes...
AMC for computer - Yes...
AMC for lift
- If it's Your own building then no...
- If it's rented then Yes...
AMC for computer - Yes...
AMC for lift
- If it's Your own building then no...
- If it's rented then Yes...
Dear raja sir
can I have any notification or section for this above explanation
can I have any notification or section for this above explanation
Please read sec 17(5) of CGST act... You can get exact clarity of non availability of ITC...
Thank you raja sir for the exact reply
You are most welcome... ...
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