Interior designer firm

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28 Points Posted on 14 December 2021
will Interior designer firm can be purchased, cement and sand and claim itc ?
please solve my query
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On 14 December 2021 at 16:16 Report
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Quick Summary
This discussion clarifies whether an interior designer firm can claim Input Tax Credit (ITC) on purchases like cement and sand. The consensus is that while you can purchase these items if you have a GST number, ITC cannot be claimed if the construction is for a business place. This is considered 'blocked credit' under Section 17(5) of the CGST Act 2017.

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ca
603 Points Posted on 14 December 2021
Yes you can provided you have GST number
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On 14 December 2021 at 16:46
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GST Practitioner & Accounts
15150 Points Posted on 14 December 2021
What is the purpose you are purchasing cement and sand , is it for construction in office or at Business place ?.
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On 14 December 2021 at 16:56
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28 Points Posted on 14 December 2021
For business place
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On 14 December 2021 at 17:57
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GST Practitioner & Accounts
15150 Points Posted on 14 December 2021
No , at business place contraction You can not take input tax credit , it's block credit as per section 17(5) of the CGST act 2017 .
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On 14 December 2021 at 18:05
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Company Secretary
7085 Points Posted on 14 December 2021
No , For Business Place Construction You cannot take Input Tax Credit It's a Block Credit as per Section 17 of CGST Act 2017
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On 14 December 2021 at 19:07
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28 Points Posted on 14 December 2021
Thanks to all
1 Reply
On 14 December 2021 at 20:16

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