GST ITC on steel, timber and cement used in underground mines

By | August 2, 2017
(Last Updated On: August 2, 2017)

Question : Will ITC be available on steel, timber and sometimes cement which are used in the underground mines to provide a protective device for security purpose?

Answer: Credit will not be available if these goods are supplied for construction of an immovable property. But
if these are temporarily placed for protective purposes, credit will be available.

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About CA Satbir Singh

Chartered Accountant having 12+ years of Experience in Taxation , Finance and GST related matters and can be reached at Email : Taxheal@gmail.com

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