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Itc availability
Itc available on purchase of parts (ex. screw, gulli, alluminium plate) for building repair and maintainence ????
Replies (4)
YES............BUT SUBJECT TO CAPITALISATION....
PLS CONSIDER THE ANSWER FROM OTHER MEMBERS ALSO
building repair I don't think credit available check sec 17 of CGST act
If those expenses charged to profit and loss statement eligible else not.
I agree with @ Abhilash
I agree with @ Abhilash
Input tax credit isnot available on construction or purchase of building except factory building
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