ITC on repair to building

ITC / Input 6023 views 16 replies
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Student
41 Points Joined March 2016
dear sir,
can i claim ITC on expenses incurred towards Repair of building..
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On 02 February 2018 at 16:03 Report
Replies (16)
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GST
3925 Points Joined October 2015
no you cant avail ITC on renovation altration ..
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On 02 February 2018 at 18:52
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1431 Points Joined June 2017
you can claim itc if expenses are not capitalized.
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On 02 February 2018 at 19:54
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GST
3925 Points Joined October 2015
no ITC on it ...

Itc NOT available on goods and servuces received by taxable person on renovation ,altaration on immovable property not matter used in business other than plant and machinery

you cant claim also if cost of interior capatalized towards cost of interior on your books of account


refer section 17(5)(d) cgst
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On 02 February 2018 at 20:12
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1431 Points Joined June 2017
please refer explanation to 17(5) (h) .
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On 02 February 2018 at 20:18
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1431 Points Joined June 2017
this is mis understanding most of GST consultant having . please read the section carefully wording used to the extent capitalised
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On 02 February 2018 at 20:26
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Student
41 Points Joined March 2016
i thik Manas das is right..
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On 02 February 2018 at 20:28
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GST
3925 Points Joined October 2015
please read under stand section cgst 17(5) (d) memtioned no ITC on it ...

refer this link you got your answer...
https://m.youtube.com/watch?list=PL-DdSi94kMoPS7uvIpZr65eD9spW1svFy&v=LeMCwgKPmQg
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On 02 February 2018 at 20:30
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GST
3925 Points Joined October 2015
please reply after watching this vidio who is right
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On 02 February 2018 at 20:31
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GST
3925 Points Joined October 2015
please like and share this vidio :)
1 Reply
On 02 February 2018 at 20:33
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1431 Points Joined June 2017
that is wrong view sir. even in some aticle in CA club india there was wrong interpretation. wordings in cgst act very clear.
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On 02 February 2018 at 20:35
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GST
3925 Points Joined October 2015
please refer this link first ...
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On 02 February 2018 at 20:36
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1431 Points Joined June 2017
ok sir
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On 02 February 2018 at 20:38
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GST
3925 Points Joined October 2015
according your amswer everyone is wrong .. your view to understand rule is right ..
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On 02 February 2018 at 20:39
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1431 Points Joined June 2017
no sir. i did not mean that . there are quite huge numbers who shares the view i have expressed here.
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On 02 February 2018 at 21:13


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