Goods and Services Tax


Goods and Services Tax – Started By: – ROHIT GOEL – Dated:- 13-3-2018 Last Replied Date:- 14-3-2018 – Dear Team,There is a confusion and difference of opinion regarding allowability of ITC on purchase of lift… The usage of lift will be in factory only for movement of goods and not staff…Is there any difference in opinion if the use of lift is for staff members and not goods… – Reply By MUKUND THAKKAR – The Reply = if are you using the lift for staff members it is covered under the plant facility and lift installation is also covered under WCT. that's why it is not Eligible for ITC.if you are using the for the movement of Raw material than ITC is eligible. other expert view awaited.. – Reply By KASTURI SETHI – The Reply = The good

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