We buy Cement, Stone Crusher, Steel for constructing Factory Building and Shed .so can we claim ITC on it???
and Civil Engineer also levy GST on services ,so can we claim on it?
Purpose of these Building Factory or shed is going to be use in business.
Construction of Factory building is of capital nature therefore ITC will not be available.
IT is blocked credit under section 17(5) of GST Act.
Thank You Altamush Sir and Abhishek Sir
CAclubindia
