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Itc on fixed aseet against rent income

This query is : Resolved 
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(Querist)
16 March 2019 Dear All,

We are constructing a shed on our land and will give the shed on rent. Want to know whether gst charged on material and labour in the course of shed construction will be allowed against rent income of that same shed?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
17 March 2019 No ITC not allowed on such construction materials for owner of the building.
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Rohit R. Agrawal

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Rohit R. Agrawal (Querist)
10 April 2019 Thanks a lot Sir. But to earn the rent the construction is necessary. Also, would labour ITC be allowed?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
10 April 2019 Not allowed as per ITC rules.
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