dear sir
i have my gstin number . I am running my own spare parts business now i am planing to buy a plot (land) in the name of my wife and the seller company says me to pay gst 12 % on EDC (EXTERNAL DEVLOPMENT CHARGE) . CAN I CLAIM TO REVERSE THIS CHARGE UNDER AS PER SEC 17 OF CGST ACT NO ITC ???
Menu
12 % gst reverse on land purchase or not ?
Replies (3)
dear sir my ca sir says to me that itc is not applicable on this.
tell me sir all ca club form says no itc on this but you say yes kindly solve my confusion
Recent Topic
- CGAS account Holder Deceased
- ITR form suggestion
- Post office KVP income.
- Free GST invoice tool I built for my practice R
- Clarification on Gratuity Exemption under Section
- GOODS AND SERVICE TAX - GSTR 1
- Correct ITR form
- Clarification required on Section 393 & Report
- Professional advance taxes
- Surrender pan process
Related Topics
CAclubindia
