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 ???
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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
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