GST ITC
This query is : Resolved
Quick Summary
04 June 2020
We are having one Rental income in commercial complex. Now we are demolished building and reconstructing.
we can use ITC for construction material bill .
we can use ITC for construction material bill .
04 June 2020
No ITC can be taken on construction of buildings, it will fall under blocked credit.
05 June 2020
No ITC available for construction under section 17(5).
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