https://www.taxtmi.com/forum/issue?id=117052 Credit is not available for capital goods capitalised to the building; immovable construction-related capitalisation does not attract ITC. By contrast, movable interior furniture and fixtures capitalised under furniture and fittings are generally regarded as eligible for Input Tax Credit because they are not subject to the capitalisation restriction, although an alternate position invoking section 17(5) and a pending contrary authority are noted. en-us Mon, 01 Mar 2021 20:14:43 +0530 Thu, 23 Jan 2025 15:54:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=117052 Credit is not available for capital goods capitalised to the building; immovable construction-related capitalisation does not attract ITC. By contrast, movable interior furniture and fixtures capitalised under furniture and fittings are generally regarded as eligible for Input Tax Credit because they are not subject to the capitalisation restriction, although an alternate position invoking section 17(5) and a pending contrary authority are noted. Discussion-Forum GST Mon, 01 Mar 2021 20:14:43 +0530 https://www.taxtmi.com/forum/issue?id=117052