ITC on building construction goods and services

harinder (Sr. Excutive-Finance and accounts)   (53 Points)

02 March 2024  
Dear Sir,
I have doubt if we purchase a land and then do the full construction on it and after completion of full construction, we will rent out that building to another company...
My question can we eligible to take full itc on purchase of goods and services for this complete construction activities....

I also know that one similar case is still pending in ho'able supreme Court in case of safari retreats pvt Ltd vs orissa high court....

Note: we will use this building only rent out purpose and gst will be charged on renting income @ 18℅.

Note: Registry has been done in favor of company name only..

Thanks in advance
Best Regards
Harinder Kumar