GST ITC on Construction of Factory Building And Shed

This discussion clarifies whether Input Tax Credit (ITC) can be claimed on GST paid for materials like cement, steel, and stone crushers, as well as civil engineering services used in constructing factory buildings and sheds. Generally, if these constructions are capitalised as fixed assets, ITC is blocked under Section 17(5) of the GST Act. However, if the expenses are treated as repairs and maintenance, ITC may be permissible.