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Itc on real estate

This query is : Resolved 

03 January 2019 If A Company provides Construction Services and Company claimed ITC on Purchase of items like Cement, TMT Bar, Glass plywood etc. during construction. Company received advance amount including GST against flat sale booking. My question is, Can Company adjust GST input tax credit against amount received on advance. Please Suggest me with Example

04 January 2019 Yes company can adjust input tax credit on building materials against advance received for construction services.



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