Civil construction

S. RAVICHANDRAN (Finance Professional) (156 Points)

16 February 2018  

SIR OUR CLIENT IS CONSTRUCTING THE BUILDING WITH MATERIALS TO ONE COMPANY. MY QUERY IS THEY PURCHASED DIFFERENT RATE OF GST FOR THE CONSTRUCTION MATERIALS (CEMENT IS 28%) THEY CHARGED IN THE INVOICE ONLY 18%. WHETHER THEY LIABLE TO REVERSE THE DIFFERENCE 10% ON CEMENT PORTION AS INELIGIBLE ITC OR THEY ELIGIBLE FOR THE DIFFERENCE OF THE GST FOR CARRY FORWARD. PLEASE CLARIFY. REGARDS S. RAVICHANDRAN

Read more at: https://www.caclubindia.com/forum/gst-on-civil-contract-448440.asp?offset=1