ITC ON FLOORING TILES

[DEEPAK SHARMA]

We are going to do renovation of floor of our office and factory with Flooring Tiles and Flooring Stone, the supplier is giving GST bill, either we can take credit for the same. Please advice if possible quoe AAR judgment.

Thanks

AI Summary

Input Tax Credit on Flooring Tiles Allowed if Recorded as Repairs, Not Capitalized in GST Renovation Expenses. A discussion on the eligibility of Input Tax Credit (ITC) for flooring tiles used in office and factory renovations under GST. The consensus among participants is that ITC is available if the expenses are not capitalized and are recorded as repairs and maintenance. However, if the expenses are capitalized as part of immovable property construction, ITC is not available. References to case laws, including decisions by the Appellate Authority for Advance Ruling (AAAR) and the Advance Ruling Authority (AAR), highlight differing interpretations, emphasizing the importance of how expenses are categorized in financial records.