Gst credit issue

This query is : Resolved

CA jignesh daiya (Querist)
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31 March 2019 RESPECTED SIR
We have taken office on rent for a period of 9 years
we have made renovation work to office premises taken on rent for which we have purchased tiles , electronic equipments ,laminated sheet for furniture , door .
we have also paid labour work expenses to the labour for electronic fitting tiles fitting door fitting etc.
we have purchased computer ,tiles ,electronic equipments , furniture , mobile etc.
can we take Gst credit on the same ?

RAJA P M

RAJA P M (Expert)
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31 March 2019 Yes If the construction related activities not booked under capita nature... But, You can avail the ITC benefit for the purchase of Computer, Furniture & Electronics...

CA jignesh daiya

CA jignesh daiya (Querist)
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31 March 2019 Can we claim Gst credit on centralised ac on full value?

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RAJA P M

RAJA P M (Expert)
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31 March 2019 Yes.... You can Claim.

CS Advocate Abhishek Goyal

CS Advocate Abhishek Goyal (Expert)
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02 April 2019 As per section 17(5) ITC is not available on construction of immovable property whether on own account or for furtherance of business.

RAJA P M

RAJA P M (Expert)
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02 April 2019 -- 17(5) (C) works contract services when supplied for construction of immovable property (other than plant and machinery) except where it is an input service for the further supply of works contract service;

--- NOTE : ***WHEN SUPPLIED -- CONSTRUCTION OF IMMOVABLE PROPERTY...

-- 17(5) (D) goods or services or both received by a taxable person for construction of immovable property (other than plant or machinery) on his own account including when such goods or services or both are used in the course or furtherance of business.
NOTE : SUPPLY RECEIVED - CONSTRUCTION OF IMMOVABLE PROPERTY...

Here the Immovable property means Building and Related activities...

The Centralized AC is Removable & Also the querist run his business in Rented Premisses. It's not his own (Building).

In case the Building is his own and He will install the Centralized AC (without removing) then only it's called Immovable property...
Otherwise its not in the definitions...