A Business entity spends on interior including false ceiling and the service provider charges GST on works contract. The building is owned by the business entity. Is it eligible to take input credit of GST paid or interior including false ceiling.
Will situation be different if the building is rented premises.
No GST input credit allowed for interior work expenses, including false ceilings, under Section 17(5)(c) and (d) CGST Act, 2017. A business entity inquired about the eligibility for GST input credit on expenses for interior work, including a false ceiling, in a building it owns. Four responses were provided, all agreeing that input credit is not admissible under these circumstances, referencing Section 17(5)(c) and (d) of the CGST Act, 2017. The consensus was that the situation remains unchanged even if the building is rented. (AI Summary)
Goods and Services Tax - GST