Commercial buildings renting

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accounts manager
263 Points Posted on 27 November 2020
Is ITC available for above building rental:-
1.electrical fittings for transformer repair
2. building paint bills
3. pvc pipes for building
4. Chember of commerce subscripttion.

all above Expences have 18% gst bills.
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On 27 November 2020 at 14:09 Report
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Quick Summary
This discussion explores the eligibility of claiming Input Tax Credit (ITC) on various expenses related to commercial building rentals, such as electrical fittings, paint, and Chamber of Commerce subscriptions, all of which have 18% GST. While ITC is generally available, the applicability of Section 17(5)(d) of the GST Act needs careful consideration.

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Accountant
3662 Points Posted on 27 November 2020
Yes, you can take ITC
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On 27 November 2020 at 21:25
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accounts manager
263 Points Posted on 28 November 2020
But sec 17(5) d is not allowing.. please let me know.
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On 28 November 2020 at 14:49

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