As my client had purchased a leased commerical place for office purpose which is leased for 30 Years and the supplier of service has raised a GST invoice and uploaded in GSTIN, Whether ITC available on leased commercial property can be taken or not?
Well the selling party is written " Sale of Leased Property in Product descripttion. As this ITC is covered under Section 17(5) of GST. On which GST is not applicable after completion certificate receving, In my case it is a completed as well as receiving of completion certificate. In that case also we can claim ITC?