Itc on construction services
Shanthy Pandian (93 Points)
04 July 2019
whether itc can be claimed on materials which is used for constructing a building??
2 Replies
White Devil
(154 Points)
Replied 04 July 2019
No for construction Business Itc on purchases will be showns as Ineligible credit u/s 17(5) in gstr 3b Based on Location n sqft gst has to pay without itc
Shorya
(CA Article)
(105 Points)
Replied 04 July 2019
As per Section 17(5) of CGST Act, ITC shall be ineligible on purchase of goods & services used in the construction of an immovable property.
Therefore, no ITC input can be claimed.
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