KRBL Infrastructure Limited
Date: December 17, 2021
Subject Matter
ITC is not available on construction of commercial complex used for the purpose of renting out
Summary
Question 1- Whether the Applicant is eligible to take input tax credit in relation to expenditure incurred for ‘Civil and Interior Works’ in building located at C32, Sector-62, Noida, Gautam Buddha Nagar, Uttar Pradesh. 201301 at di…
1. M/s KRBL INFRASTRUCTURE LIMITED, C-32, Sector-62, Noida -201301 (here in after referred to as the applicant) is a registered assessee under GST having GSTN: 09AACCK9643G1Z9. 2. The applicant is engaged in the business of constructing commercial complex, renovation, fabrication, furnishing and built out interiors works of the building for the purpose of letting to different tenants on rental bas…