Is ITC Can be availed on installation of lift in hotel for a person involved in hotel business

Lift is part of building construction and same is ineligible u/s 17(5)

Yes I agreed with Ms.Rashmi Gandhi...


@ Ankit Sha,

The ITC is ineligible u/s 17(5) clause (C) and (D)...

Here 17(5) c is applicable I doubt

If doubt then ask GSTN...

Why you are here we also doubt

When it comes to GST (Goods and Services Tax), the input tax credit (ITC) on the installation of a lift in a hotel depends on specific regulations. Let’s delve into the details:


Lift

Lift as an Integral Part of Building:
According to the CGST Act 2017, lifts are considered an integral part of the building construction.
As a result, the tax paid on the procurement and installation of lifts in hotel buildings is ineligible for ITC under Section 17 (5) of the CGST Act123.
Conclusion:
If you’re involved in the hotel business and have installed a lift, unfortunately, you cannot claim ITC for the tax paid on the lift installation.