Re : input tax credit

This query is : Resolved

Praveenveldhi (Querist)
Follow

10 January 2019
Dear Expert,

I have been working in a Pharma R&D as an accountant.. We bought Paint boxes for our new office construction.

The paint shop vendor has provided GST Tax Invoice for that..

Please confirm that Can we claim the GST Input credit..

Thanks & Regards

V.Praveenkumar

CA Anita Bhadra

CA Anita Bhadra (Expert)
Follow

10 January 2019 No
You can not take credit .
Its a Block Credit under sec 17(5)
Even if you purchased goods to be used for construction work

As per sec 17(5) ITC is not available - goods or services or both received by a taxable person for construction of an immovable property (other than plant and machinery) on his own account including such goods or services or both are used in course of furtherance of business;