GST ITC on Repair of Building

By | January 13, 2018
(Last Updated On: January 13, 2018)

Can a company can take/avail credit on repairs of building which is in the nature of work contract. Account Head debited in its Profit and Loss book is Building Repair ?

Section 17 (5) of CGST Act 2017  ….. , input tax credit shall not be available in respect of the following, namely:


(dgoods or services or both received by a taxable person for construction of an immovable property (other than plant or machinery) on his own account including when such goods or services or both are used in the course or furtherance of business.

 Explanation.—For the purposes of clauses  (d), the expression “constructionincludes re-construction, renovation, additions or alterations or repairs, to the extent of capitalisation, to the said immovable property;

Thus Company can take ITC on Repair  if not capitalized is books 

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