Input claimed on repair

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514 Points Posted on 02 May 2023
i am dealing in timber business. I have purchased cement and other meterials for repair work of my work place...can i claim input on that pls reply thanks in advance
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On 02 May 2023 at 09:46 Report
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Quick Summary
This discussion explores whether input tax credit (ITC) can be claimed on cement and materials purchased for the repair of a timber business's workplace. While some suggest it's a blocked credit under Section 17(5)(d) of the CGST Act, others argue that ITC is permissible if the expenditure is revenue in nature and not capitalised to immovable property.

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ACCOUNTS MANAGER
2213 Points Posted on 02 May 2023

yes...... why not............  ??

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On 02 May 2023 at 11:59
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GST Practitioner & Accounts
15150 Points Posted on 02 May 2023
No , as per section 17(5) (d) of the CGST Act it's blocked credit so do not take input tax credit. take others opinion as well.
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On 02 May 2023 at 12:20
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Profession
28269 Points Posted on 02 May 2023
This does not come under blocked credit.
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On 02 May 2023 at 16:45
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GST Practitioner
55067 Points Posted on 02 May 2023
If it is capitalized to Immovable property or it is not revenue nature expense then yes ITC is not available.

(Refernece : Explanation under Section 17(5)(d)
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On 02 May 2023 at 23:42

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