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Input claimed on repair
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
Replies (4)
yes...... why not............ ??
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.
This does not come under blocked credit.
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)
(Refernece : Explanation under Section 17(5)(d)
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