TMI Blog2020 (12) TMI 794X X X X Extracts X X X X X X X X Extracts X X X X ..... SEKHAR, AND MR. T.R. RAMNANI, MEMBER Read: 1) Advance Ruling order no. GST-ARA-36/2019-20/B-41 Mumbai, dated 18.03.2020 passed under Sections 98 of the Central Goods and Services Tax Act, 2017 and the Maharashtra Goods and Services Tax Act, 2017, in case of M/s. Sundharams Private Limited , holder of GSTIN number 27AAACS4949P1ZN. 2) Application received from the aforesaid applicant dated ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he immovable property under section 17(5)(c) of CGST Act since, the expression construction for the purpose of section 17(5)(c) and 17(5)(d) includes reconstruction, renovation, addition or alteration or repairs to the extent of capitalization to the said immoveable property. In the case of the applicant the expenditure on the paver block has not been booked as revenue expenditure in the books o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... pairs to the extent of capitalization to the said immoveable property. In the case of the applicant the expenditure on the paver block has been booked as revenue expenditure in the books of account and therefore the same will not amount to construction of immovable property. Accordingly, the input tax credit claimed by the applicant cannot be hit by restriction placed u/s. 17(5)(c) of the CGST Act ..... X X X X Extracts X X X X X X X X Extracts X X X X
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