Dear Sir,
One of our client purchased a commercial building and entered into leased business. He paid GST to the builder on O&M Charges for maintaining the park.
And our client given that premises to lease and collect GST from his tenent on Rent and O&M.
Q: Shall my client avail ITC of GST paid on O&M charges to the Builder against what he collected from his tenent .
Operational and maintenance charges not being in the nature of works contract or immovable property, can be availed unless restricted elsewhere in Section 17(5).
CAclubindia
