Poonawalla fincorps
Poonawalla fincorps

gst credit on input

This query is : Resolved 

06 October 2017 We built a building which will be rented out after completion we purchased material and take service of contacter in which we pay Gst can we take credit & use when we issue rent invoice

06 October 2017 No you can get credit in respect of immovable property. Same is disallowed as per Sec 17.

07 October 2017 I agree with Ms.Rashmi. You can't take input credit of building construction services. But the same is allowed for building contractor as he can take input credit of the expenses related to his business.




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries