Q1. If We construct building for renting, can we claim Input Tax Credit of Building Material. Q2. After building Construction complete. Can we claim input tax credit on building Maintenance , Q3. In Renting Business , In Which Items we can take Input Tax Credit. Kindly Explain

Reply—1. Taxpayer is not eligible to claim input tax credit of GST paid on input & input services used for construction of commercial immovable property, subsequently used for renting. (refer advance ruling of AAR Maharashtra in matter of Ashish Arvind Hansoti dated 12.03.2020), [2020] 22 TAXLOK.COM 132 (AAR-Maharashtra)

2. ITC is eligible for repair and Maintenance expenses if not capitalised in books of accounts.

3. ITC of input goods and services can be claimed if it is not restricted under section 17(5) of CGST Act.