Gst on repair & maint. exp
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 December 2018
IN OUR OFFICE ONE CABIN CONSTRUCT (FOR ALUMINIUM SECTION ) NOT CEMENT AND OTHER MATERIAL ,
SO MY QUERY IS CAN I GET ITC ON THIS
1.ALUMINIUM CABIN TOTAL BILL (LABOUR WITH MATERIAL)
2.ELECTRICITY TOOLS (SWITCH, OTHER )
3.WASH BASIN
4.CARPET
PLEASE REPLY MUST
SO MY QUERY IS CAN I GET ITC ON THIS
1.ALUMINIUM CABIN TOTAL BILL (LABOUR WITH MATERIAL)
2.ELECTRICITY TOOLS (SWITCH, OTHER )
3.WASH BASIN
4.CARPET
PLEASE REPLY MUST
CA Mohit Bansal
(Expert)
28 December 2018
Yes GST credit shall be available in full on all the expenditure incurred for the office renovation provided it is not a civil structure. In your case ITC is available
CA Anita Bhadra
(Expert)
28 December 2018
In my view , credit is not available.
Its a block credit under sec 17(5)(d)
Section 17(5)(d) states “goods or services or both received by a taxable person for construction of an immovable property (other than plant & machinery) on his own account including when such goods or services or both are used in the course or furtherance of business.”
It also specifies that “construction includes reconstruction, renovation, additions or alterations or repairs to the extent of capitalization for said immovable property”.
Its a block credit under sec 17(5)(d)
Section 17(5)(d) states “goods or services or both received by a taxable person for construction of an immovable property (other than plant & machinery) on his own account including when such goods or services or both are used in the course or furtherance of business.”
It also specifies that “construction includes reconstruction, renovation, additions or alterations or repairs to the extent of capitalization for said immovable property”.
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