08 June 2018
Dear Sir, can we get ITC on purchase of office AC ?? Actually i am confused whether it treated as building material or machinery becaouse on building material we cant get itc .
09 June 2018
Please note that as per Section 17(5) of the CGST Act, goods or services or both received by a taxable person for construction of an immovable property (other than plant or machinery) is not eligible for ITC. Immovable property here includes building.
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