dear sir,
can i claim ITC on expenses incurred towards Repair of building..
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ITC on repair to building
Replies (16)
no you cant avail ITC on renovation altration ..
you can claim itc if expenses are not capitalized.
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
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
please refer explanation to 17(5) (h) .
this is mis understanding most of GST consultant having . please read the section carefully wording used to the extent capitalised
i thik Manas das is right..
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
refer this link you got your answer...
https://m.youtube.com/watch?list=PL-DdSi94kMoPS7uvIpZr65eD9spW1svFy&v=LeMCwgKPmQg
please reply after watching this vidio who is right
please like and share this vidio :)
that is wrong view sir. even in some aticle in CA club india there was wrong interpretation. wordings in cgst act very clear.
please refer this link first ...
ok sir
according your amswer everyone is wrong .. your view to understand rule is right ..
no sir. i did not mean that . there are quite huge numbers who shares the view i have expressed here.
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