mere client ka Laudry ka business hai us ko Dryer machine install karne ke liye aluminium ka stand + foundation banana hai..
can he claim ITC on aluminium sheet purchase bill as these are utilise in plant and machinery???
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Relating to itc claim on Aluminium sheet and material
Replies (5)
Yes, You can claim ITC of same...
Aur IT me dep claim kar sakte hain
Yes, if capitalised in books of account than you can claim depreciation. (Can claim on value excluding GST)
Okk thank you..
Itc of immovable asset cannot be claimed but here it seems like plant and machinery so for plant and machinery itc is allowed
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