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Office renovation Exp. ITC

Bhaumik pandya (224 Points)

28 July 2020

can we take office renovation expense ITC like interior design and tiles and other hardware ??

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3 Replies

prashant koshti (gst) (2 Points)
Replied 28 July 2020

The relevant provisions says that input tax credit on good and services used for the construction of immovable property are not allowed. Also construction includes renovation, alterations, additions, etc, which are capitalised in the books of accounts

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Vijayprakash P (1313 Points)
Replied 28 July 2020

ITC of the taxes paid is blocked in the case if goods or services or both received by a taxable person for construction of an immovable property on his own account. Renovation is included in construction of immovable property.