Input tax credit
Query (Issue) Started By: – DK AGGARWAL Dated:- 20-8-2018 Last Reply Date:- 28-8-2018 Goods and Services Tax – GST
Got 12 Replies
GST
Dear Sir
GST-Input Tax Credit
1Please clarify if the ITC is available on replacement or repair of Tube lights, electric wire, in the office. In the purchase invoice of supplier GST number is appearing of buyer and in GSTR- 2A the ITC is shown.
2Similarly, in repair of godown, expenses are incurred for replacement of roof sheet etc and the ITC is appearing in GSTR- 2A. Please note its not a new construction .
3-Similarly, is ITC available on replacement of CAR tyres, battery or service bill. ITC is available in GSTR- 2A as we have given our GST number to the supplier ?
Kindly
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ell.
Reply By DK AGGARWAL:
The Reply:
OK
Thanks Sir
Reply By Ganeshan Kalyani:
The Reply:
Input tax credit is allowed on query 1 & 2. Third one is covered under ineligible list.
Reply By Pavan Mahulkar:
The Reply:
It may not be available for 2 also…
Please read section 17
(c) works contract services when supplied for construction of an immovable property (other than plant and machinery) except where it is an input service for further supply of works contract service;
(d) goods or services or both received by a taxable person for construction of an immovable property (other than plant or machinery) on his own account including when such goods or services or both are used in the course or furtherance of business.
Explanation.For
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d sub-section (1) of section 18, input tax credit shall not be available in respect of the following, namely:-
(a) motor vehicles and other conveyances except when they are used
(i) for making the following taxable supplies, namely:-
(A) further supply of such vehicles or conveyances ; or
(B) transportation of passengers; or
(C) imparting training on driving, flying, navigating such vehicles or conveyances;
(ii) for transportation of goods;
So it is clearly mentioned in the section that "ITC shall not be available in respect of" which indicates that neither on the purchases of the same nor on the parts there of
Reply By Ramaswamy S:
The Reply:
1 ITC on replacement or repair of Tube lights, electric wire, in the offi
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