Question27: We are purchasing corrugated Sheet for the Repair of roof of our plant after paying GST on it. My quires is can we avail the I.T.C on the roofing sheet used for repairing.

Answer: The relevant provision of section 17(5) is reproduced below:- 'Section 17: Apportionment of credit and blocked credits  (d) goods 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 (c) and (d), the expression 'construction' includes re- construction, renovation, additions or alterations or repairs, to the extent of capitalisation, to the said immovable property  Please note that if repairing or alteration, etc. is not capitalized then you can claim credit. In this case, the question of capitalization of expense should be decided on the basis of Accounting Standard. (Reply dt. 13/10/2017)