Input Tax Claim against Interior Works

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..... Input Tax Claim against Interior Works
Query (Issue) Started By: - Muraleedharan M Dated:- 15-2-2018 Last Reply Date:- 27-8-2018 Goods and Services Tax - GST
Got 8 Replies
GST
Respected Sir, Whether we take ITC against Interior Work designing & Materials, Because, we are going to open a new office for our company. In which we are getting Invoices for Interior Consultancy, Materials, .....

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..... etc., Kindly Guide me. Thanking You, Reply By Alkesh Jani: The Reply: Sir, The interior designing services can be classified under SAC 998391, and same does not fall within the ambit of Section 17(5) of the CGST, Act, 2017. Therefore, you are eligible for ITC with regards to Interior designing work only and the cost of material should be reimbursed vide Invoice. Moreover, the material such a .....

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..... s, AC, chairs, Table etc. should be capitalized in the book of Accounts. I invite experts to correct me, if mistaken. Reply By KASTURI SETHI: The Reply: ITC is available. Reply By Alkesh Jani: The Reply: Thanks Sh. Kasturi ji sir Reply By Muraleedharan M: The Reply: Dear Sir, Thanking You for your valuable Information. So, We can take Input tax Credit on both Interior Consultancy Charges & .....

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..... Interior Materials like Electrical, Furniture, Wood, etc., Once again Thanking You. Reply By Ganeshan Kalyani: The Reply: works contract includes improvement, maintenance etc. which is also mentioned under section 17 (5) of CGST Act. hence in my view credit may be questioned. Reply By YAGAY and SUN: The Reply: In our view this is a arguable matter. Better to seek an Advance Ruling on it. Rep .....

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..... ly By YAGAY and SUN: The Reply: In a recent judgment ITC on GST paid on interior designer/consultant fee has been allowed. Reply By Sumit Agarwal: The Reply: Dear Sir If possible, Please provide notification.
Discussion Forum - Knowledge Sharing .....

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