My client newly constructing godown, he is a manufacturer of paper cone shall I take gst credit of that constructing work
5 Replies
Suvendu Chakraborty
(Accounts Executive)
(259 Points)
Replied 28 January 2019
no. construction is blocked credit
Pankhuri Agrawal
(Chartered Accountant)
(412 Points)
Replied 28 January 2019
ITC is blocked on works contract for construction of immovable property - Section 17(5) of CGST Act
Sanjiv Rajpoot
(3430 Points)
Replied 28 January 2019
no you can't take credit because ITC is blocked on works contract under section 17(5)
pritesh
(CA Final student)
(7101 Points)
Replied 29 January 2019
No you cannot claim itc as per sec17(5)
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