Input credit on telecommunication towers – Reg
Query (Issue) Started By: – CMA VENKATESHAM MUTA Dated:- 11-6-2017 Last Reply Date:- 11-6-2017 Goods and Services Tax – GST
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GST
As per my understanding, ITC is eligible for telecommunications tower subject to some condition :
1) upto 1/3rd of total ITC in the FY in which goods recd
2) upto 2/3rd of total ITC, including credit availed in the first FY, in the succeeding FY
3) balance in, any subsequent FY.
The above is as pe
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