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 .????
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).