GST INPUR ON BUILDING MATERIAL
This query is : Resolved
05 February 2021
SIR
PLEASE LET ME KNOW IF WE ARE CONSTRUCTING NEW BUILDING IN THE NAME OF COMPANY AND ITS PRIVATE LIMITED COMPANY CAN WE TAKE INPUT OF GST OR NOT , WHAT WOULD BE TREATMENT OF SUCH PURCHASE LIKE BRICKS, IRON , CEMENT ETC
PLEASE LET ME KNOW IF WE ARE CONSTRUCTING NEW BUILDING IN THE NAME OF COMPANY AND ITS PRIVATE LIMITED COMPANY CAN WE TAKE INPUT OF GST OR NOT , WHAT WOULD BE TREATMENT OF SUCH PURCHASE LIKE BRICKS, IRON , CEMENT ETC
05 February 2021
If you are a contractor you can take input on building materials. If you are the owner of the building you can't take.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Gst on travel by air for business purposes
- CLOSING STOCK QUERY
- F&O reporting in ITR
- Taxation on Old jewellery sold
- TDS refund Indemnity Bond
- Itr processing refund
- Technical Glitch in ITR-4 Online Form (AY 2026-27): Sec 44AE Partner Remuneration not mapping to E8
- TDS on rent received on hardship compensation being rent on redevelopment of building
- PF wage ceiling
- Missed TDS
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
