Gst itc on repair & maintenance to building capitalised / expensed out

ITC / Input 1448 views 2 replies

Dear Members,

We had Done Repair & Maintenance to our Office Building which we had not Capitalised , we had considered it as Repair & Maintenance, Contractor given us GST Tax Invoice for which we had not availed Input Tax Credit on this.

Can we take the Input Tax Credit in below mentioned Scenario, Pls guide us

Repair & Maintenance of Building - Expense out in P&L (Input Tax Credit can be availed or not)

Repair & Maintenance of Building - Capitalised in Balance Sheet (Input Tax Credit can be avialed or not) 

Replies (2)

Repairs & maintenance is debited to P&L acc with ITC eligibility.

Dhirajilal Sir, One of my client has routine basis repair and maintenance of factory building in which they used wall putty, cement and other painting material. Will he can avail itc on such materials in 2017-18, 2018-19, 2019-20 if it is debited to p&l a/c? Please explain it with law


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