01 November 2017
Yes you can avail as same is for furtherance of business..
If such work is of capital nature & you claim depreciation on it then no ITC available to you.
For more details you can refer Sec 17 of CGST Act
02 November 2017
No you can't avail the benefit of ITC....
Guest
Guest
(Querist)
02 November 2017
Thank you respected sir n mam. Dear Raja sir my expenditure is not in the nature of capital expenditure and we are not going to take the benefit of depreciation under section 32 and its a normal expenditure. In simple every year we expend such type of expenditure on repairing and painting & even building is not in the name of our company and it is on rent. In such a case can't we avail benefit of ITC?