Can I get input tax credit for GST paid on under construction property ?
Actually I own a business and I pay gst now my confusion is that I want to buy property on my personal name and I pay gst with my business name. so how I will claim input tax credit ?
Kindly guide me to clerify my doubt.
" Can I get input tax credit for GST paid on under construction property ?
NO.
Some articals on web confusing me
Under Section 17(5) of GST Act, it is clearly mentioned ITC with regards to immovable property cannot be claimed in respect of business
O P Bagla & Co LLP
New Delhi
CA Inter
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