Gst credit regarding

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380 Points Posted on 20 August 2020
building maintenance and repair of building works gst credit deduction in ITC is possible or not
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On 20 August 2020 at 19:05 Report
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This discussion clarifies GST credit (ITC) eligibility for building maintenance and repair. ITC is generally blocked under Section 17(5) if costs are capitalised. However, if treated as revenue expenditure (repair and maintenance expenses in the P&L account), ITC can be claimed as it doesn't fall under the definition of construction.

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Tax and Business Consultant
11616 Points Posted on 20 August 2020
ITC is not available for building repair and maintenance works, as it's blocked u/s 17(5) if you capitalised this cost in books of account.

but If it's not capitalised in books and expensed out in Profit and Loss account as Repair maintenance exp. than you can claim ITC for same.
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On 20 August 2020 at 19:30
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56 Points Posted on 21 August 2020
If repair & maintenance of building is in nature of capital expenditure then ITC is blocked 17(5)
if it is in the nature of revenue expenditure then ITC is allowed as it is not file in the definition of construction.
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On 21 August 2020 at 07:59
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Practice
4510 Points Posted on 21 August 2020

I also agree with @ Sagar Ji

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On 21 August 2020 at 08:35

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