Input credit of gst

This query is : Resolved

Sanjoy Das (Querist)
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20 December 2018 Dear Sir,
The input is eligible for manufacturing unit as under :
a. Cost of Furniture & Fixture ( Including AC )
b. Repairing of office Building used for business situated in plant
c. Painting of office / guest house/ employee resident building

SHUBHAM SHARMA

SHUBHAM SHARMA (Expert)
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21 December 2018 Sir,
1.Assuming that furniture and fixtures are not resulting in an immovable property, the input tax credit is allowable in respect of the same.
2. Input tax credit is not allowable of works contract service in relation to repair of immovable property, hence input tax credit is not allowable on repair of building.
3.Input tax credit is also not allowable of works contract service in relation to renovation of immovable property, hence input tax credit is not allowable on Painting of office / guest house/ employee resident building.

Thanks and regards
CA Shubham Sharma
Contact No. 9462302922
Email-shubham.vnv@gmail.com