ITC Claim on pay rcm in rent
This query is : Resolved
04 January 2026
my clint pay Rcm on commericial Building rent .This Building use for exempt goods supply. can i claim itc on pay rcm on rent. plz help me with Related section and law
05 January 2026
You cannot claim ITC on the GST paid under RCM if the commercial building is used exclusively for the supply of exempt goods.
Under Section 17(2) of the CGST Act, 2017, when goods or services are used partly for taxable supplies and partly for exempt supplies, the credit is restricted to the portion attributable to the taxable supplies.
Under Section 17(2) of the CGST Act, 2017, when goods or services are used partly for taxable supplies and partly for exempt supplies, the credit is restricted to the portion attributable to the taxable supplies.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- PPF interest-As Exempt Income disclosure
- Scrutiny and reopening of past returns
- Gift of mutual fund units to daughter
- Under construction property in ITR
- Pass word to open justification report for Q1 for FY 2026-27
- Section 194JA & JB Income which ITR Form to use
- Building tax payment deduction in rental Income
- About TDS & Income Tax
- Not able to file ITR
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
