https://www.taxtmi.com/article/detailed?id=17374 Input tax credit on materials used to construct commercial immovable property depends on whether construction is undertaken on the taxpayer's own account or for taxable renting or leasing. Construction intended for the taxpayer's own use is treated as blocked under section 17(5)(d), while construction intended from inception for rental or lease services is presented as falling outside that category. Intended end use, established before construction through approvals, layout and design, is identified as the key factual consideration for determining credit eligibility. en-us Thu, 10 Sep 2026 09:26:57 +0530 Thu, 10 Sep 2026 09:26:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=17374 Input tax credit on materials used to construct commercial immovable property depends on whether construction is undertaken on the taxpayer's own account or for taxable renting or leasing. Construction intended for the taxpayer's own use is treated as blocked under section 17(5)(d), while construction intended from inception for rental or lease services is presented as falling outside that category. Intended end use, established before construction through approvals, layout and design, is identified as the key factual consideration for determining credit eligibility. Articles Goods and Services Tax - GST Thu, 10 Sep 2026 09:26:57 +0530 https://www.taxtmi.com/article/detailed?id=17374