Interior designer firm

MD FAIZAL (28 Points)

14 December 2021

will Interior designer firm can be purchased, cement and sand and claim itc ?
please solve my query

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6 Replies

Janak Shah (ca) (603 Points)
Replied 14 December 2021

Yes you can provided you have GST number

1 Like

prasad Nilugal ( GST Practitioner & Accounts ) (14167 Points)
Replied 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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MD FAIZAL (28 Points)
Replied 14 December 2021

For business place

prasad Nilugal ( GST Practitioner & Accounts ) (14167 Points)
Replied 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 .

3 Like

Tanuj Chandra Saxenaa (Company Secretary) (7070 Points)
Replied 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

1 Like

MD FAIZAL (28 Points)
Replied 14 December 2021

Thanks to all

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