Eligibility of itc
This query is : Resolved
Sahil Bhatia
(Querist)
06 April 2019
I have two question regarding ITC admissible on services provided by Interior Designer
1. Can he claim ITC for goods received for providing such service in case of design and execution contract for eg. plywoods, decoration items etc?
2. Can he claim ITC of goods supplied alongwith the provision of such service for eg. Air conditioner, Furniture etc?
Also i would like to know whether Section 17(5)(d) applies to the above case or it is for receiver of services of such interior designer.
Thanks
1. Can he claim ITC for goods received for providing such service in case of design and execution contract for eg. plywoods, decoration items etc?
2. Can he claim ITC of goods supplied alongwith the provision of such service for eg. Air conditioner, Furniture etc?
Also i would like to know whether Section 17(5)(d) applies to the above case or it is for receiver of services of such interior designer.
Thanks
CA Anita Bhadra
(Expert)
07 April 2019
In my view , Sec 17(5) (d) is not applicable in your case as it stipulates -
Goods or services or both RECEIVED by a taxable person for construction of an immovable property (other than plant and machinery) on his OWN ACCOUNT including such goods or services or both are used in course of furtherance of business;
In your case , you are supplier of the services , this section is not applicable to you and you can claim ITC
Goods or services or both RECEIVED by a taxable person for construction of an immovable property (other than plant and machinery) on his OWN ACCOUNT including such goods or services or both are used in course of furtherance of business;
In your case , you are supplier of the services , this section is not applicable to you and you can claim ITC
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Query on effect of registration of property
- Visiting card purchase
- GST on reimbursement of expenses
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Whether output tax is taken credit by purchaser
- Wrong CMPo8 file
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Additional trade name
- Number of years as per AS amortisation of Goodwill
- Equity Share Sale and Purchase
- Foriegn assets disclosure
- Classification of income of P Ltd company as business or profession
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
