A brick manufacturer purchase and uses equipment and machinery like backhoe loader, tripper etc for the purpose of brick manufacturing and delivery. And the existing GST rate of Red brick is 5%. Now..
1. what about the ITC on equipment, vehicle and machinery for a brick manufacturer.
2. Is there any changes of GST rate on bricks, if he avail the ITC of equipment and machinery.
looking for your valuable views.
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ITC on capital goods like equipment and machinery.
Replies (1)
He can claim ITC.
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