LATEST DETAILS

Whether ITC is available on GST paid on construction of warehouse and showroom

Whether ITC is available on GST paid on construction of warehouse and showroom

Reply

As per section 17(5)(d) input  tax credit shall not be allowed in respect of goods or services or both received by a taxable person for construction of an immovable property.

Therefore, GST paid on construction of warehouse and showroom is not allowed as ITC. 

Posted Date: Dec 18, 2018
Professional services available Audit Management
Tax Lok English Viedo
Tax Lok Hindi Viedo
Check Your Tax Knowledge
Youtube
HR Consulting services

FOR FREE CONDUCTED TOUR OF OUR ON-LINE LIBRARIES WITH OUR REPRESENTATIVE-- CLICK HERE

FOR ANY SUPPORT ON GST/INCOME TAX

Do You Want To Take FREE DEMO Of Our GST/Income Tax Library.