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TMI Blogsecond hand Generator for use in businessX X X X Extracts X X X X X X X X Extracts X X X X ..... second hand Generator for use in business X X X X Extracts X X X X X X X X Extracts X X X X ..... ient is a GST-registered dealer . He purchased a secondhand generator to be installed and used in his Kalyana mandapam from another GST-registered dealer who was using it for his normal business as a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... capital asset. He has issued a sale bill charging GST. Can my client claim input credit.. Reply By VENU K: The Reply: Generator is plant and machinery and as such there is no restriction on using in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... put tax credit subject to fulfillment of other terms and conditions in my opinion. Reply By KASTURI SETHI: The Reply: Since generator qualifies as plant and machinery, ITC is allowed. It is not immo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... vable property. Go through the following decision of AAAR-Guj. IN RE : THE VARACHHA CO-OP. BANK LTD - 2023 (10) TMI 473 - APPELLATE AUTHORITY FOR ADVANCE RULING, GUJARAT Reply By Shilpi Jain: The R ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eply: If your client is using this generator to provide services that are taxable under GST, he is eligible for this credit. Reply By Shilpi Jain: The Reply: Though this is subject to fulfillment o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f other conditions in the law regarding invoice, payment, 2B reflection, etc. Reply By Padmanathan KV: The Reply: Dear MSR sar, Your client can claim ITC on the said generator as it is a plant & ma ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... chinery and used for the purpose of business. X X X X Extracts X X X X X X X X Extracts X X X X
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