ITC on CCTV camera

[Ashish Diwedi]

We are a residential society registered under GST for supplying services to our members. Since monthly contribution is ore than 7500 per month we have been paying GST . Recently, we have installed Park Plus Parking system in our society which helps or facilitates the members to park their cars. Also we have installed CCTV camera in our society premises.
Can we take ITC or parking system & CCTV camera and use against payment of GST on monthly contribution from members.

AI Summary

Residential Society Seeks GST Input Tax Credit for Park Plus Parking System and CCTV Installations; Avoid 'Works Contract' Classification A residential society registered under GST is inquiring about the eligibility to claim Input Tax Credit (ITC) for a newly installed Park Plus Parking system and CCTV cameras. The society charges members more than Rs. 7500 monthly, making their contributions taxable. Responses indicate that ITC on CCTV cameras is generally available, provided they are not classified as 'works contract services' for immovable property construction. It is advised to ensure that vendors do not classify these installations as works contracts, which could restrict ITC eligibility. The discussion also touches on GST rules regarding exempt supplies and the proper classification of goods and services.