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ITC on repair to building

Vishal (Student) (41 Points)

02 February 2018

dear sir,
can i claim ITC on expenses incurred towards Repair of building..

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16 Replies

Mondira Saha (GST) (3925 Points)
Replied 02 February 2018

no you cant avail ITC on renovation altration ..

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Manas Das (1431 Points)
Replied 02 February 2018

you can claim itc if expenses are not capitalized.

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Mondira Saha (GST) (3925 Points)
Replied 02 February 2018

no ITC on it ...

Itc NOT available on goods and servuces received by taxable person on renovation ,altaration on immovable property not matter used in business other than plant and machinery

you cant claim also if cost of interior capatalized towards cost of interior on your books of account

refer section 17(5)(d) cgst

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Manas Das (1431 Points)
Replied 02 February 2018

please refer explanation to 17(5) (h) .

Manas Das (1431 Points)
Replied 02 February 2018

this is mis understanding most of GST consultant having . please read the section carefully wording used to the extent capitalised

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Vishal (Student) (41 Points)
Replied 02 February 2018

i thik Manas das is right..

Mondira Saha (GST) (3925 Points)
Replied 02 February 2018

please read under stand section cgst 17(5) (d) memtioned no ITC on it ...

refer this link you got your answer...
https://m.youtube.com/watch?list=PL-DdSi94kMoPS7uvIpZr65eD9spW1svFy&v=LeMCwgKPmQg