ITC against to Construction Bill.

This query is : Resolved 

03 May 2023 Please give a solution:-
I have received service charge invoices against to construction of office building by contractor.
1. How can i do entry in tally?
2. in which type of ledger required for entry?
3. can be claim ITC against to this construction?

03 May 2023 Depends upon whether you are builder/contractor or end user of the building.
For persons other than builder or contractor, the expense will get capitalized under office building along with GST, where no ITC can be claimed.


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