ITC to claim

This query is : Open

srinath (Querist)
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04 November 2019 One of my client started construction of Convention Hall in Oct 18 and completed in Sept 19 and taken GST registration for convention hall in Sept 19. He has taken the construction bill from the contractor after GST registration ie sep 19. I would like to know wheather they can claim input on Contract Bill for construction in the month.

CA Anita Bhadra

CA Anita Bhadra (Expert)
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05 November 2019 GST registration for convention hall in Sept 19.means what ? Has he started some business from convention hall and took registration for that business ?

As per ,section 17(5)(c) ITC shall not be available in respect of the “works contract services when supplied for construction of an immovable property (other than plant and machinery) except where it is an input service for further supply of works contract service”.

PHANEENDRA MALLA

PHANEENDRA MALLA (Expert)
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05 November 2019 ITC on immovable property was specifically mentioned in blocked credit concept u/s 17(5). so based in your query, ITC cannot be availed

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