Repairs of building exp and itc not available

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I received a bill for construction or repair of building. What will be the journal entry in case itc not available?
Replies (3)
As per section 17(5) of the CGST act Input tax credit of repair expenses on construction are Ineligible or Block credit .

pass entry as follows .

Repair and maintenance A/c Dr
CGST A/c Dr
SGST A/c Dr
To Trade Creditors A/c Cr
( Repair and maintenance expenses for Construction of Building )

You have to pass entry as above , however because of credit not available show CGST and SGST in Table 4 ( D ) (1) of GSTR3B Ineligible ITC . ( credit not available)
Also mark in Books of accounts as Ineligible ITC , you have to show CGST and SGST in the entry because , same has been charged in Invoice .
Sir, if itc not available, Can we capitalize the exp incurred on building
Have you repaired old Building ?.


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