Good evening,
My query is..
Can we take ITC of GST paid on commission charged by broker...in case of purchase of factory building of business.. ?
Can we take itc of that gst, or should we capitalise it ?
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ITC on gst paid on commission to broker on purchase of immovable property
Replies (3)
yes you can take the ITC. No need to capitalise..it is an expense
No , you can not avail ITC, it is blocked credit, any ITC for Immovable properties or its related is not eligible.
thank you and congratulations
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