INPUT TAX CREDIT

Section 17(5) Blocked Credits

This sub section list out the goods or services on

which ITC is not available
 If ITC of Motor vehicle/Aircraft/Vessel available
 then, ITC on its – Gen insurance , services ,
Repairs & maintenance is also available
 Construction & Works Contract.

(a) Any goods or service used for construction

of an immovable property (except Plant &
Machinery) for own account including for the
purpose of or in the course or furtherance of
business.

(b) Works contract used for construction of an

immovable property (except plant and
Machinery) will not be available as ITC.
However, if it is used for the same category of
Outward supply, then ITC will be available.
(c) The definition of Plant and Machinery
(Excludes)
- Land, building or other civil structure.
- Pipeline outside the factory.
- Telecommunication towers

(d) Repair or renovation, etc for an immovable

property booked as revenue expenditure(P&L)
will be eligible as ITC.