Dear Experts,
Kindly solve my query as i am a owner of a pvt ltd company i wish to build a office as our head office for this can i get ITC on GST for material consumed for the building costruction.
Kindly Reply me ASAP
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Itc gst on material consumed for building construction
Replies (2)
Sec 17 (5) of the CGST Act specifically disallows input on material/ labour used in construction of an immovable property even of it is for business purposes.
Yes, correct.
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