REGARDING INPUT TAX CREDIT ON WALL PAINT

[NILESH PITALE]

RESPECTED EXPERT

MY CLINT HAS DONE PAINTING WORK AT HIS OFFICE. IN THIS RESPECT I WOULD LIKE TO RAISED DOUBT -

1) CAN WE TAKE ITC ON PAINTING WORK ( WALL PAINT)

REGARDS

[SHARAD ANADA]

If it is in the Nature of maintenance the yes

[KASTURI SETHI]

ITC is allowed provided that such expenses are not to be capitalized. You may call it renovation.See Explanation below Section 17 (5) (d) of CGST Act.

Explanation. - For the purposes of clauses (c) and (d), the expression “construction” includes re-construction, renovation, additions or alterations or repairs, to the extent of capitalization, to the said immovable property;

[Ganeshan Kalyani]

I agree with Sri Kasturi Sir. If the painting cost is considered as a revenue expenditure and it is not capitalised with the main asset i.e. building then input tax credit is allowed.

[YAGAY and SUN]

We are amenable with the views of our experts that if such work of revenue exenditure, then only ITC will be available, otherwise not.

AI Summary

Input tax credit on painting is available when the cost is revenue expenditure and not capitalised with the asset.
Input tax credit for wall painting is allowable where the painting is revenue expenditure-routine maintenance or repairs-not capitalised with the immovable property; if painting costs are capitalised as part of construction, renovation, additions or alterations to the asset, the input tax credit is not available.