ITC AVAILABLE IN ROOFING MATERIALS

DEAR SIR
ROOFING MATERIALS ME ITC AVAILABLE HOGI
Replies (4)
Quick Summary
This discussion clarifies the availability of Input Tax Credit (ITC) on roofing materials under GST. Generally, ITC is restricted for immovable property, especially if the expense is capitalised. However, if the expense is not capitalised, ITC may be claimable. Key requirements include a valid taxable invoice and GST registration as a regular assessee.

As its related to immovable property and after using this material you will get benefits from property so its restricted under section 17(5)

 

THANKS SIR
If the expense is liable to be capitalised then itc not available. If not capitalised then itc available
Certainly
please follow these
1. Valid taxable invoice
2. gst registration regular assesse to take credit.
3. others.

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