Input Credit on Repair & Maintenance of Building.

[Chanchal Dhiman]

Dear Sir,

Can we avail input credit of vat on repair & maintenance- Building.?

Kindly suggest me..

AI Summary

Input Tax Credit Not Available for Building Repairs Under UKVAT Act; Falls Under Negative List A query was raised regarding the eligibility to avail input credit of VAT on building repair and maintenance. Two responses were provided. The first response clarified that input tax credit (ITC) is not available under the UKVAT Act and its associated rules. The second response noted that VAT paid on building repair and maintenance typically falls under a negative list, implying that such credits are generally not permissible.