Itc

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Nishikant (Querist)
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08 February 2018 Hello Dear ExpertA Register Dealer purchasing taxable item for there house construction by there Proprietor name then can we take ITC ?

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)
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08 February 2018 Goods and/or services for construction of an immovable property whether to be used for personal or business use ITC not allowed.

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RAJA P M

RAJA P M (Expert)
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09 February 2018 No.... ITC not allowed for using construction of Immovable Property...

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Arpit

Arpit (Expert)
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09 February 2018 As per Section 17(5)(d), Input tax credit shall not be available for 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 when such goods and services or both are used in the course or furtherance of business.

Hence, credit shall not be allowed in your case

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