Input credit availed or not
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 January 2018
DEAR SIR/ MADAM
IF I HAVE HOTEL ROOM RENT+SHOWROOM RENTAL INCOME, &
HAVING INPUT CGST & SGST IN GST PURCHASE BILL SUCH AS BUILDING MATERIAL BILLS, REPAIR MAINTT. BILLS ETC. IN THIS CASE,
CAN WE CLAIM /ADJUST INPUT CGST/SGST IN MY GST TAX PAYABLE AMOUNT OR NOT.
IF I HAVE HOTEL ROOM RENT+SHOWROOM RENTAL INCOME, &
HAVING INPUT CGST & SGST IN GST PURCHASE BILL SUCH AS BUILDING MATERIAL BILLS, REPAIR MAINTT. BILLS ETC. IN THIS CASE,
CAN WE CLAIM /ADJUST INPUT CGST/SGST IN MY GST TAX PAYABLE AMOUNT OR NOT.
18 January 2018
No input credit can be taken on building construction but input credit can be taken on repair and maintenance.
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