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GST Claim on Building Repair

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Accountant
27 Points Posted on 09 February 2019
Can we take claim information GST on building materials received for official purpose ?

Please state your reasons also ?
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On 09 February 2019 at 11:12 Report
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CA Final student
7106 Points Posted on 09 February 2019
No it is covered under blocked credit sec17(5)
33 Reply
On 09 February 2019 at 23:22
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Student
23688 Points Posted on 09 February 2019
Not Allowed as it is Blocked u/s 17(5) of the CGST Act 2017 ( Works Contract )...
97 Reply
On 09 February 2019 at 23:31
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Aricle Assisstant (Final Year)
129 Points Posted on 10 February 2019
As per sec 17(5) and clause (d) ITC relating to goods or services recieved for construction of immovable prooerty is ineligible. However, ITC is ineligible only on the capitalised portion.
2 Reply
On 10 February 2019 at 00:16
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19 Points Posted on 15 August 2019
Dear Fatime, This logic have doubt,
why only capitalization logic not work Machinery, we can to take ITC on Machinery and we can capitalize net of tax.

if ITC restricted on Building then there may have logic or different thoughts of low maker.
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On 15 August 2019 at 02:10


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