ITC BENEFIT ON BROKRAGE PAID


This query is : Resolved 

30 July 2026 HI ALL...
I AM HAVING SHOPS FROM WHICH I RECEIVE RENT AND I ALSO HAVE PRINTING BUSINESS.

I AM REGISTERED IN GST

NOW MY SHOPS IS GOING IN REDEVELOPMENT AND I PAID RS.12 LAC BROKRAGE TO BROKER WHO HAS BROUGHT THE BUILDER FOR REDEVELOPMENT.

BROKER CHARGED GST ON BILL .

NOW MY QUESTION IS CAN I CLAIM THAT ITC AGAINST MY PRINTING BUSINESS??? AS FOR FEW YEARS MY SHOPS WILL BE UNDER REDEVELOPMENT SO I WIILL NOT RECEIVE ANY RENT .????

CAN I TAKE BENFIT OF ITC OF BROKERAGE BILL?

31 July 2026 Yes, you can claim the ITC on the brokerage bill and offset it against your printing business liability. Under GST, credit is pooled at the single GSTIN level, and brokerage paid for commercial property redevelopment is an eligible business input service not blocked under Section 17(5).


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query