Input tax credit on construction of building
This query is : Resolved
13 November 2017
Dear Sir,
We are manufacturer and having on unit and behind that unit we are construction one more factory building with in the registered premises.
Can we take Credit on inputs used for building construction if not where to refer the rule.
We are manufacturer and having on unit and behind that unit we are construction one more factory building with in the registered premises.
Can we take Credit on inputs used for building construction if not where to refer the rule.
13 November 2017
No you can't take Credit on inputs used for building construction. Refer ITC rules.
See the link.
https://cleartax.in/s/input-tax-credit-under-gst
See the link.
https://cleartax.in/s/input-tax-credit-under-gst
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