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my client is constructing a building so he can avail ITC on what he paid on it????
Replies (8)

if ypur clien is in the business of constrution then he can,otherwise not.

 

he is constructing for new office and godown

no, he can't take then.

bt contractors charge gst even complete construction of a building

when you have given contract to a contractor to construct a building for you, obviously you will have to pay GST on it, but since this building is for your personal consumption and not for further supply, you cannot claim input tax credit on this.

sir bt this building for business not for personal use
he is shifting his business over there

Section 17(5)(c) of the CGST Act, specifies input tax credit will not be available in the following case:

(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;

So, you will not be eligible to credit, if you are not indulged in supplying of similar kind of service furthur.


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