Input Credit on Availment

This query is : Resolved 

30 June 2022 Hi,

Need help on availment of input credit on Gst Invoice of Renovation of work done of factory flooring and walls in my company.

Can i claim Itc as i have considered the same under fixed Assets under Factory Building

Kindly revert with valuable answer

Thanks

30 June 2022 If the work is being capitalised under building then ITC will not be available

01 July 2022 ITC On factory Building is not allowed.




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