CHARTERED ACCOUNTANT
305 Points
Joined May 2009
As per the Section 17 (5) of CGST Act ,the Input tax credit shall not be available on the goods and services, or both received by a taxable person for construction of an immovable property (other than plant or machinery) on his own account including when such goods or services or both are used in the course or furtherance of business. Hence even if you have a taxable supply after the completion of Construction, You will not get the ITC on construction of an immovable property