itc claim

ITC / Input 200 views 6 replies
I had purchased new space for my office and paying gst on that can I claim itc
Replies (6)
no gst itc on building
either ITC or depreciation can claim on GST Amount.
If you claim ITC , that AMT will not include in depreciable AMT.
rajasekhar as per gst act and notification no itc

no ITC for inmovable assets as per my openion.

No you cannot claim itc
First, I assume that you are buying the property in under construction stage as only then you would be paying GST - thus raising the question of ITC.

In case constructed property is purchased no GST is a payable and thus no question of ITC.

Availability of ITC - No. In general, ITC is not available. Only exception is if you had purchased under construction property and are further providing construction service and selling the property. Such situations arise only in case of builders/ developers or business of the said nature.


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