if i construct a building to use that building for commercial rent purpose and i charge output GST on that rent. Can i claim input tax credit for material that i purchased to construct the building???????
Thanks.
JINENDER MUTREJA (0) (129 Points)
07 April 2017if i construct a building to use that building for commercial rent purpose and i charge output GST on that rent. Can i claim input tax credit for material that i purchased to construct the building???????
Thanks.
CA Chandra Prakash
(9873059766 Increasing knowledge through sharing)
(296 Points)
Replied 07 April 2017
Credit not allowed
JINENDER MUTREJA
(0)
(129 Points)
Replied 07 April 2017
any section or input tax credit rules reference?
Thanks