ITC for Shed Construction

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292 Points Posted on 26 June 2023
One shed is being erected for a Tiles showroom of the firm with MS Angles, Tins, Pipes on a rented plot..Whether ITC can be claimed and allowed for such material purchased....
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On 26 June 2023 at 23:01 Report
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This discussion explores the eligibility of claiming Input Tax Credit (ITC) for materials used in constructing a shed for a business showroom. The shed is being built on rented land using materials like MS angles, tins, and pipes. The core question is whether ITC is allowable for these purchases and under which specific rules it might be deemed ineligible.

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SEO Sai Gr. Hosp.
212572 Points Posted on 27 June 2023

Not eligible.           

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On 27 June 2023 at 13:14
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292 Points Posted on 27 June 2023
Please confirm under which rule ITC is not allowable for shed errection.
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On 27 June 2023 at 16:27
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hyderabad
1653 Points Posted on 27 June 2023
Its an ineligible ITC
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On 27 June 2023 at 18:48

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