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TMI BlogITC on Fans, Electric lamps used in factoryX X X X Extracts X X X X X X X X Extracts X X X X ..... Can we take ITC of GST on 1) Pedestal Fans 2) Ceiling Fans 3) Light fitting 4) Electric lamp used/installed in factory premises. - Reply By VaibhavKumar Jain - The Reply = Yes, you can ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... take ITC on above goods as per section 16 of CGST Act, 2017 since not covered under blocked credits under section 17(5) of CGST Act, 2017 . - Reply By KASTURI SETHI - The Reply = ITC is allo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... wed, all items being movable. ITC on construction of immovable property is restricted under Section 17 (5) (d) of CGST Act . - Reply By CAVenkataprasad Pasupuleti - The Reply = I endorse the v ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... iews of learned experts that ITC is eligible as such items not being used in construction of immovable property. - Reply By Ganeshan Kalyani - The Reply = The credit on the items are eligible. They ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... are not blocked u/s 17(5) of CGST Act . - Reply By YAGAY andSUN - The Reply = Provided no Depreciation is availed on the part of GST. - ITC on Fans, Electric lamps used in factory - Query Star ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ted By: - Murari Agrawal Dated:- 16-3-2020 Goods and Services Tax - GST - Got 5 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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