Menu
ITC on constructions service
can we avail ITC on newly constructed shop
Replies (6)
No you cannot ... only on like furniture , AC
Yes I agree to Pankaj sir, ITC cannot claim on construction of new shop
No ITC is available for goods/services for construction of an immovable property on his own account.
Even if such goods/services are used in the course or furtherance of business, ITC will not be available.
Even if such goods/services are used in the course or furtherance of business, ITC will not be available.
pls suggest me under which section or rule ITC is not allowed
under blocked credit
Section 17(5) of the Central Goods and Services Act, 2017 restricts ITC.
Recent Topics :
- LTCG - SEC54
- Foreign remittance from our client for Co Working
- UDIN generation
- Reply plz guys
- Tax Deduction and Collection Account Number
- Where can students practice XAT PYQs effectively?
- Gst on Guest house 5% without ITC
- How do you collect documents from clients for ITR
- GST ITC on Construction/ Tenant Specific Renovatio
- GST Treatment and Reporting of Share & Mutual
Related Topics :
CAclubindia
