https://www.taxtmi.com/forum/issue?id=114332 Input tax credit is disallowed for materials and labour used in construction, reconstruction, renovation, additions, alterations or repairs to immovable property when such costs are capitalised and booked to fixed assets; input tax credit is allowable for repair and maintenance expenditures that are charged to profit and loss and not capitalised. en-us Wed, 21 Nov 2018 13:13:15 +0530 Thu, 23 Jan 2025 15:55:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=114332 Input tax credit is disallowed for materials and labour used in construction, reconstruction, renovation, additions, alterations or repairs to immovable property when such costs are capitalised and booked to fixed assets; input tax credit is allowable for repair and maintenance expenditures that are charged to profit and loss and not capitalised. Discussion-Forum GST Wed, 21 Nov 2018 13:13:15 +0530 https://www.taxtmi.com/forum/issue?id=114332