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Is GST RCM ITC available for settoff in construction of Residential Apartment sale

This query is : Resolved 

07 August 2024 we had paid GST for security services under RCM category can we claim this ITC against our flat sale 5% GST payable.
Example: received Rs.10,00,000 against sale of flat+ Rs.50,000 GST(5%) payable Rs.50,000/-
we had paid RCM for security charges Rs.2,00,000+36,000 RCM(18%) deposited by us in GOVT.Treasury.
Now can we sett off above Rs.36,000 against our liability of Rs.50,000 and pay balance Rs.14,000/-?Please advise
with regards,
Manoj Nagdev
Mob 9323498800
email:Nagdevmanoj@gmail.com

07 August 2024 No. ITC cannot be claimed over residential apartment having 5% GST.

30 August 2024 Good luck.


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