07/04/2026
Section 17(5) Blocked Credit Alert! ๐ซ๐ธ
โThink construction means NO GST ITC? Think again! ๐๏ธ
โThe CPL Pharma (AAR Gujarat) ruling clarifies:
๐น If a foundation is built ONLY to support your machine...
๐น And it's NOT part of the building structure...
โ
It is "Plant & Machinery" and ITC is ALLOWED!
Follow JC Accounting Solutions for more smart tax hacks! ๐