Easy Office
LCI Learning

Availablity of ITC on construction of own building

This query is : Resolved 

09 December 2019 Dear sirs,

Can I take ITC on building materials used (cement, steel, other hardware) on construction of own building. After completion of construction, I am going to either let out the rooms/building or open own shops/super market therein. Please advise me on this.

Thanks in advance

09 December 2019 No... ITC is blocked under sec 17(5) of CGST act for Construction of Building...

11 December 2019 No, you can not take ITC.






You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries