New property
This query is : Resolved
23 April 2024
I have bought a new property in December 2023 and have paid 5%GST.
I am salaried person.
Shall I claim the GST back while filling ITR.
I am salaried person.
Shall I claim the GST back while filling ITR.
23 April 2024
no. you cannot. this gets added to your capital cost.
23 April 2024
ITC is blocked credit u/s 17(5) of CGST Act., you cannot claim
23 April 2024
he is a salaried person. the issue of credit ends there itself!
23 April 2024
Yes Sir agree and even if he is Registered he wont be eligible. I just wanted the Querist get the reason behind disallowance, thats the reason I mentioned the Section Number
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