claim Input under GST on Leasehold Improvements

6947 views 5 replies
Dear Sir,

can we claim the GST input on leasehold improvements ( Fixed Assets )like electrical fittings, renovation for office , Furniture and fixtures etc . ?

Thanks in Advance .
Replies (5)
You can claim ITC on furniture & electrical fittings but no ITC available for renovation as per Sec 17(5).
No, as per Section 17 Sub-Section 5 Clause C & D: [c] 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; [d] goods or services or both received by a taxable person for construction of an immovable property [other than plant or machinery] on his own account including when such goods or services or both are used in the course or furtherance of business.
Thanks a lot madam

subject is not clear till,

 

Can we take GST ITC for renovation of building under leasehold improvement. ?

can we claim itc on storage rack which is fixed with land by fashner etc.

 

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