Hi ,

Can we claim ITC on Construction of warehouse such as cement, steel and other materials? after the construction is completed warehouse will be let out for Rent and GST will be collected on the same.
Considering the supreme court decision on Safari Retreat case whether ITC is eligble to claim and set off against future tax liability on rent collected from warehouse let out

as a company or firm, can ITC be claimed on purchase of housekeeping products like detergent powder or bar, floor cleaning liquid, acid, phenol etc.

We are registered GTA, we are providing reefer vehicles for both taxable and exempted products (Milk) transportation. As we are under FCM, We are billing the transportation services under GST of 12% and for transportation of milk, we are billing under exempted services. Can we utilize the ITC of the vehicle repair bills which are used for transportation of milk?

Can we say that transfer of partnership interest in LLP is transaction in securities and thus, not amounting to ‘supply’ and subject to GST?

Can we use rule 54 (1A) regularly for transfer of common input credit ( Both RCM & FCM ) from regular registration to ISD registration in same state, having same pan.

Further ISD transfer the same to respective distinct person.

Or this rule is made strictly for RCM purpose.
Please guide.

By which notification from 01 November 2021 Repair and maintenance is not under RCM

Client a Builder/Developer doing Real estate project under JDA with Land owner.A contractor will send many labourers.Builder pays to contractor and deduct TDS under IT Act 194C.Contractor has no GST.

Will this payment to contractor needs to be considered in80:20ratio of mandatory requirement of purchase from regd dealer?

If 80% requirement failed, whether liable to RCM 9(4)?

How to structure to avoid RCM for this?

Sir, in R3B Return, How the column 4.D.(2) operats, kindly provide some brief sir

We have an agreement with an individual to construct a building for Rs. 22.5 lakhs. Jobs done during 2 financial years and payments made in 2 financial years as the progress of jobs. We are deducting TDS

Is the individual required to apply for GST registration, as the payment and job done in a single year is below 20 lakhs

hey there,

I have an export business and O send material under LUT . But at time of purchase I paid GST and availed it ,But there was no scope to utilize it.

Can I do That, (Reverse the GST and Booked Expenses in P/L (GST Write off )and reduce my tax proffit?