MEENA VIVEK 28 October 2019
We(Trust) Paid architecture fees for proposed commercial/Residential building construction to a private architect company with GST .We now pay GST On Renting of Immovable Property Services shall I take ITC on the above payment in November GST Payment.
Surjeet Negi 28 October 2019
Since the activity is in relation to immovable property, it would be a construction activity. further, it is assumed that all cost related to building is capitalised instead of charging to revenue in PL. the itc would not be available
RAJA P M ("Do the Right Thing...!!!") 28 October 2019
Yes.... I agreed to Mr Pankaj Rawat's reply...
@ Mr Meena Vivek.,
If Your supplies are taxable then You can claim ITC if the said amount not capitalized in the Building account.
In case the Architecture fee booked in building account as asset then ITC not available...