Goods and Services Tax

ITC availability on MS Columns and stucture

Goods and Services Tax – Started By: – Yatin Bhopi – Dated:- 14-8-2018 Last Replied Date:- 28-8-2018 – Dear expert Under Section 17 (5) (d) of CGST Act 2017 Input tax credit of goods and services received by taxable person for construction of immovable property (other than plant or machinery) is not allowed. We have constructed shed for plant which contains half concrete column and above that MS angles columns and other structure above My query is; What is meaning of immovable property under GST? Whether Input tax credit will be available on MS angles & other structure? – Reply By Himansu Sekhar – The Reply = Explanation.-For the purposes of this Chapter and Chapter VI, the expression plant and machinery means apparatus, equipment, and

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