Input Tax Credit restriction for construction on own account bars ITC on inputs used to build property intended for letting.

Input Tax Credit restriction for construction on own account bars ITC on inputs used to build property intended for letting.Case-LawsGSTSection 17(5)(d) of the CGST Act denies Input Tax Credit for goods or services received for construction of an immovabl

Input Tax Credit restriction for construction on own account bars ITC on inputs used to build property intended for letting.
Case-Laws
GST
Section 17(5)(d) of the CGST Act denies Input Tax Credit for goods or services received for construction of an immovable property on one's own account, excluding plant and machinery; the provision's phrase “including when such goods or services or both are used in the course or furtherance of business” is interpreted to extend the block to constructi

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