Menu
input tax credit
A person provide construction of public toilets to govt ,Is there any tax leviable? or If leviable can input tax credit be claimed ?
Replies (1)
1. if a person provided to govt the composite supply of goods and services in which the value of supply of goods constitutes not more then 25% of the value of said composite supply then the composite supply exempted from gst.
2. if a outward supply is exempted then as per rule 42 and 43 no ITC available.
2. if a outward supply is exempted then as per rule 42 and 43 no ITC available.
Recent Topics :
- Wrong date of invoice
- Paper 6 - IBS
- Chhath Puja 2026 Dates Timing Tithi
- Tax Benefit on Second Property
- IPO application checklist: 18 rules that decide wh
- NSE IPO Price, GMP, Allotment Date and Listing
- Gst tax rate
- Cash deposited by customer
- CAPITAL GAIN REG
- Built a simple tool to automate client document fo
Related Topics :
CAclubindia
