Gst itc on construction of commercial building

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accountant
953 Points Posted on 11 April 2020
i am regular gst dealer, bill is issued by a construction contractor for my new branch building for with material construction. (labour, tile cement all )
can i claim itc of gst
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On 11 April 2020 at 13:30 Report
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This discussion clarifies whether a regular GST dealer can claim Input Tax Credit (ITC) on GST paid for the construction of a new commercial branch building, including materials. The consensus is that such ITC is generally blocked under Section 17(5) of the CGST Act, specifically for work contracts where inward tax is not permitted.

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602 Points Posted on 12 April 2020
No you can not claim ITC because such ITC covered under Block Credit u/s 17(5). inter alia, ITC for work contract for which payment tax on inward is not allowed.
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On 12 April 2020 at 09:04
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GST Practitioner
55067 Points Posted on 12 April 2020
No it's block under Section 17(5) of CGST Act
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On 12 April 2020 at 13:30

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