the tax payer in the business of letting out of machine.
can the tax payer avail ITC on repairs to machinery and ITC on insurance to machinery
Menu
ITC on repair to machinery
Replies (3)
Quick Summary
Input tax credit on repairs to machinery can be availed provided used for the purpose of machinery.
@ Mr Visu Iyer,
Yes, ITC can be available for that machinery repair service and Insurance on Machinery.
Yes, ITC can be available for that machinery repair service and Insurance on Machinery.
Used for the purpose of business.
wrongly written machinery
wrongly written machinery
Recent Topics :
- Does AIS GST Purchase aggregate GSTR-2B expenses?
- Form 26A - System has encountered some technical p
- Tool to convert GST invoice PDFs into Excel —
- Revised or rectification or leave it?
- Private limited tax audit
- LTCG - SEC54
- Foreign remittance from our client for Co Working
- UDIN generation
- Reply plz guys
- Tax Deduction and Collection Account Number
Related Topics :
CAclubindia
