Can I claim Input credit if purchased property as an investor and not for residential purposes?

I am a professional and earn fees for which I charge GST and pay. I have purchased a UC property and paid GST, can I claim Input credit as I have purchased property as an investor and not for residential purposes.

Asked on October 31, 2017 in Real Estate.
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1 Answer(s)

Property is not used for business purposes and not capitalised in books, you cannot claim input tax credit of same in business

Answered on November 3, 2017.
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Your Answer

Gen GST