Cenvat credit of cement and Steel under GST
Query (Issue) Started By: – Aitha RajyaLakshmi Dated:- 2-6-2017 Last Reply Date:- 5-6-2017 Goods and Services Tax – GST
Got 5 Replies
GST
Sir,
Whether cenvat credit of Cement and Steel is available for a builder under GST? and if so whether it is available on repairs and renovation also?
Reply By Rajagopalan Ranganathan:
The Reply:
Madam,
As per Section 16 of CGST Act, 2017 and as per GST Input Tax Credit- Final Rules-18.5.2017 there is no restriction in availing input tax credit in respect of cement and steel. However we have to await further Notification or instructions from the Department.. As of now there is no restriction.
Reply By Himansu Sha:
The Reply:
The credit of the
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