https://www.taxtmi.com/article/detailed?id=17398 Input tax credit on construction for leasing depends on whether the property is constructed on own account. Construction intended for sale, lease or licence forms part of a taxable commercial supply and differs from construction for personal use or premises from which business is directly carried on. Credit claims for leased properties require application of this distinction before the blocked-credit provision is invoked. This approach supports creditability of construction inputs where completed property is intended for leasing and promotes tax neutrality. en-us Mon, 14 Sep 2026 08:32:50 +0530 Mon, 14 Sep 2026 08:32:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=17398 Input tax credit on construction for leasing depends on whether the property is constructed on own account. Construction intended for sale, lease or licence forms part of a taxable commercial supply and differs from construction for personal use or premises from which business is directly carried on. Credit claims for leased properties require application of this distinction before the blocked-credit provision is invoked. This approach supports creditability of construction inputs where completed property is intended for leasing and promotes tax neutrality. Articles Goods and Services Tax - GST Mon, 14 Sep 2026 08:32:50 +0530 https://www.taxtmi.com/article/detailed?id=17398