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Regarding input credit on purchase of transformer

This query is : Resolved 

15 April 2019 we are engage in the business of Real Estate can we claim input credit on purchase of transformer for the use of supply of electricity to the commercial and residential property.

15 April 2019 No ITC can be claimed on construction of buildings let out. Transformer will form part of construction cost being power supply equipment for building.

16 April 2019 but we are also a construction company




16 April 2019 ITC can be claimed if you sell the building. If you own and rent out the building ITC can't be claimed.



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