Gst itc on repair & maintenance to building capitalised / expensed out

Aniket (Article Assistant) (34 Points)

19 April 2019  

Dear Members,

We had Done Repair & Maintenance to our Office Building which we had not Capitalised , we had considered it as Repair & Maintenance, Contractor given us GST Tax Invoice for which we had not availed Input Tax Credit on this.

Can we take the Input Tax Credit in below mentioned Scenario, Pls guide us

Repair & Maintenance of Building - Expense out in P&L (Input Tax Credit can be availed or not)

Repair & Maintenance of Building - Capitalised in Balance Sheet (Input Tax Credit can be avialed or not)