Water pipe line using material ITC Eligible... (canteen, factory drinking water)
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Quick Summary
This discussion clarifies the Goods and Services Tax (GST) Input Tax Credit (ITC) eligibility for water pipeline materials used in factories or canteens. If the pipeline is capitalised to a building account, it's not eligible for ITC. However, if it's considered a movable asset used for the furtherance of business, then GST is eligible.