A retailer operating under GST is constructing a shop for their business. They are inquiring whether the GST paid on goods used for this construction can be claimed as input tax credit. The general rule is that input tax credit is not available for immovable property like buildings, but the specifics depend on the nature of the goods and their use in the business.
17 December 2020
Dear Sir/Madam, My client has building a shop for his business needs. can the input on the goods taken for building purposes be used or not. he is a retailer gst dealer.