Mr X provide a service of construction of house for which he used Material like goods etc.
Mr X is Gst registered person.
QUERIES:
1.Can he claim the ITC of cement and other construction materials.
2.Further at what rate he would charge GST to customer.
3.He received payment in frequent intervals.
do he need to charge GST or when he would create a invoice.
4.Many a times he received a payment of goods purchased as a reimbursement, would he need to issue invoice for that also.
1. Yes
2. 1%/5% For detail= https://cleartax.in/s/faqs-on-the-real-estate-sector-under-gst
3. GST is required to be paid on receipt of payment as per section 31(5) of CGST act.
4. yes
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