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DEAR SIR

IF CLIENT PUCHASE RAW MATERIAL OF CONSTRUCTION FOR BUILDUP FACTORY BUILDING LIKE TMT BAR, CEMENT, BRICKS, MS SHEET, SAND, GRIT ETC…. CAN I CLAIM INPUT TAX CREDIT OR NOT

Reply

Dear Sir,

As per section 17(5)(d) of CGST Act, 2017,  no ITC of GST is allowed on goods or services or both received by a taxable person for construction of an immovable property [other than plant or machinery] on his own account including when such goods or services or both are used in the course or furtherance of business.

In conclusion, No ITC of GST shall be allowed on construction material irrespective of use of immovable property whether for furtherance of business or not.

Therefore, your client cannot take ITC on inputs purchased for construction of building. 

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