ITC Claim Eligible on Steel [TMT bar] used in Works Contract Services for Making Foundation to fix Machineries to Earth: AAR [Read Order]

ITC Claim Eligible on Steel - Steel - TMT bar - Works Contract Services - Works Contract - Foundation - fix Machineries to Earth - taxscan

The Gujarat Authority for Advance Ruling (AAR) has recently ruled that the Input Tax Credit Claim on Steel [TMT bar] used in Works Contract Services for Making Foundation to fix Machineries to Earth is eligible for the applicant. The applicant is engaged in the activity of manufacturing dyes. The applicant procures intermediate as raw material…

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