https://www.taxtmi.com/forum/issue?id=112392 Input tax credit on a lift purchased for a residential unit is not claimable because renting of residential dwellings is nil rated, and ITC is not available for exempt or nil rated supplies. More generally, inputs and input services used in construction or in relation to immovable property are typically excluded from ITC recovery for rental services; by contrast, a lift in commercial premises used for taxable activities may qualify for ITC subject to usual rules and apportionment. en-us Thu, 20 Jul 2017 09:58:52 +0530 Thu, 23 Jan 2025 15:55:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=112392 Input tax credit on a lift purchased for a residential unit is not claimable because renting of residential dwellings is nil rated, and ITC is not available for exempt or nil rated supplies. More generally, inputs and input services used in construction or in relation to immovable property are typically excluded from ITC recovery for rental services; by contrast, a lift in commercial premises used for taxable activities may qualify for ITC subject to usual rules and apportionment. Discussion-Forum GST Thu, 20 Jul 2017 09:58:52 +0530 https://www.taxtmi.com/forum/issue?id=112392