Can we claim GST ITC for expenses incurred on Building Repair & Maintenance ?
Thanks & regards
No it cannot be claimed. ITC is blocked under Section 17(5)(d).
ca.praveen @ prsrglobal.com
Kuldeep Dhawan (Finance Manager) (49 Points)
06 January 2023
Praveen M R
(13 Points)
Replied 07 January 2023
No it cannot be claimed. ITC is blocked under Section 17(5)(d).
ca.praveen @ prsrglobal.com
CA Altamush Zafar
(GST Consultant)
(15907 Points)
Replied 07 January 2023
Yes ITC can be claimed. It is no where restricted
CA. ANKIT PANDYA
(CA)
(682 Points)
Replied 07 January 2023
ITC Eligible for any Expenditure incurred on Immovable property which is in nature of Repairs and charged to Profit & Loss Account.
ITC on Capital Expenditure on Immovable property is not eligible.
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
