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ITC on GST paid on rent

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Ashish Yaduvanshi

2 Points Posted on 03 October 2020

kindly clear whether can wr claim ITC on GST paid of Rent

Replies (4)

Quick Summary

This discussion clarifies whether businesses can claim Input Tax Credit (ITC) on GST paid for rent. The consensus is that ITC is claimable if the rented property is used for your declared place of business and in furtherance of your business activities. There are no explicit legal bars, provided it doesn't fall under specific exclusions mentioned in Section 17(5) of the CGST Act 2017.

Jamil Ahmed

615 Points Posted on 03 October 2020

Yes, you can if it is one of your declared place of business. I did not find any bar in law.

Shivam RC

Student

23693 Points Posted on 04 October 2020

Yes you can claim ITC on GST paid on Rent. There's no restriction. As per the Provision of Section 16(1) of the CGST Act 2017, ITC of Inputs, Input Services and Capital Goods which are used "in the course or furtherance of business" can be claimed ( subject to Section 17(5) of the CGST Act 2017 ).