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ITC will be available for GST paid on purchase of new ready to use furnitures in accordance with Section 16 of CGST/RGST Act, 2017. ITC on GST paid on building materials, such as cement, concrete, bricks, cement or marble or stone slabs or tiles, paint, polish and any other building materials meant for repair of building and GST paid on labour supply for carrying out repair of building will not be available to the extent of capitalization of supply of goods and services.

Shanti Prime Publication Pvt. Ltd.

Input Tax Credit — Whether GST paid on building materials, such as cement, concrete, bricks, cement or marble or stone slabs or tiles, paint, polish and any other building materials meant for repair of building shall be available for ITC?

ITC will not be available to the extent of capitalization of building materials.

Whether GST paid on labour supply for carrying out repair of building shall be available for ITC, where material and supervision is provided by the applicant?

ITC will not be available to the extent of capitalization of GST on labour supply.

Will it make any difference if aforementioned works are carried out in a composite manner as a works contract, where material as well as labour is supplied by a contractor as a composite supply under works contract?

Being routine repairs, the amount spent on the above mentioned all scenarios are charged to revenue as per accounting standards.

ITC will not be available to the extent of capitalization of building materials and service of labour supply. — Rambagh Palace Hotels Pvt. Ltd., In Re….. [2019] 11 TAXLOK.COM 046 (AAR-Rajasthan)