I WOULD LIKE TO KNOW WHETHER ITC WILL BE ALLOWED ON WORK IN PROGESS IN CASE OF A ONGOING PROJECT OF A BUILDER ALSO WHETHER ITC WILL BE ALLOWED ON STOCK ON HAND ON APPOINTED DAY LIKE CEMENT STEEL ETC
VINOD JAIN
vinod (ca) (90 Points)
07 July 2017I WOULD LIKE TO KNOW WHETHER ITC WILL BE ALLOWED ON WORK IN PROGESS IN CASE OF A ONGOING PROJECT OF A BUILDER ALSO WHETHER ITC WILL BE ALLOWED ON STOCK ON HAND ON APPOINTED DAY LIKE CEMENT STEEL ETC
VINOD JAIN
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(184778 Points)
Replied 07 July 2017
Yes:
Details at gst-input-tax-credit-on-closing-stock-as-on-30-06-2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(184778 Points)
Replied 06 August 2017
https://studycafe.in/2017/07/gst-input-tax-credit-on-closing-stock-as-on-30-06-2017.H T M L
H T M L should be joint
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