GST on inputs

This query is : Resolved

M (Querist)
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28 February 2023 We are a infrastructure company engaged in development of land.
We are providing basic facilities like Sewerage, Water Supply, Electricity, Roads.
For these facilities- we procure Bricks, Sand, Steel & Iron (TMT Bars), Paints etc after payment
of GST
Our Final Product is Land, which is exempted ie on sale of Land , no GST shall be levied.
Can we claim ITC in inputs used for making roads, Water Tank, Road.

Please suggest

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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28 February 2023 As land is exempt from GST ITC can't be claimed on such inputs.

CA Altamush Zafar

CA Altamush Zafar (Expert)
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28 February 2023 If you are charging separately for development and separately for land then possibility of claim of ITC may arise but since you are supplying developed plots as a whole it is outside the purview of GST and therefore ITC on your inputs will not be allowed.

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