Home Forum Goods and Services Tax - GST Month 10 2021 2021 (10) This
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ITC on new Solar Panel purchased - Goods and Services Tax - GSTExtract Dear Experts, Warm Greetings! Entire spinning mills already given for rent containing Machines (spindles) and land building and we raises GST Tax invoices every month for the rent for building (HSN # 997212 ) and rent for Machines (HSN # 997314 ) . Solar Panel purchased and installed in October-2021 for generation of solar power used by the Tenant, we have increased the rent for machines from the month of October-2021. And we have amended existing rental agreement effecting new machines (solar panel) and increase in rental value accordingly. Can we take the ITC, which was paid on both purchase of Solar Panel Assembly and installation charges? Kindly suggest. Thanks Regards: G VENUGOPAL
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