https://www.taxtmi.com/forum/issue?id=115520 GST on goods and services used in construction of immovable property and capitalised in books is not eligible as Input Tax Credit; expenses capitalised as part of new construction, repairs or prefabricated building components are ineligible. Expenses charged to profit-and-loss as building maintenance are generally eligible for ITC, although adverse precedents may exist and practitioners recommend reviewing relevant rulings before claiming significant credit. en-us Sat, 12 Oct 2019 10:35:48 +0530 Thu, 23 Jan 2025 15:54:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=115520 GST on goods and services used in construction of immovable property and capitalised in books is not eligible as Input Tax Credit; expenses capitalised as part of new construction, repairs or prefabricated building components are ineligible. Expenses charged to profit-and-loss as building maintenance are generally eligible for ITC, although adverse precedents may exist and practitioners recommend reviewing relevant rulings before claiming significant credit. Discussion-Forum GST Sat, 12 Oct 2019 10:35:48 +0530 https://www.taxtmi.com/forum/issue?id=115520