Input credit availed or not
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 January 2018
DEAR SIR/ MADAM
IF I HAVE HOTEL ROOM RENT+SHOWROOM RENTAL INCOME, &
HAVING INPUT CGST & SGST IN GST PURCHASE BILL SUCH AS BUILDING MATERIAL BILLS, REPAIR MAINTT. BILLS ETC. IN THIS CASE,
CAN WE CLAIM /ADJUST INPUT CGST/SGST IN MY GST TAX PAYABLE AMOUNT OR NOT.
IF I HAVE HOTEL ROOM RENT+SHOWROOM RENTAL INCOME, &
HAVING INPUT CGST & SGST IN GST PURCHASE BILL SUCH AS BUILDING MATERIAL BILLS, REPAIR MAINTT. BILLS ETC. IN THIS CASE,
CAN WE CLAIM /ADJUST INPUT CGST/SGST IN MY GST TAX PAYABLE AMOUNT OR NOT.
CA R SEETHARAMAN
(Expert)
18 January 2018
No input credit can be taken on building construction but input credit can be taken on repair and maintenance.
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