Itc on rent of immovable property against tax payable on pha
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 June 2017
sir,
a pvt ltd co. in hospital services pays rent twds building on which service tax is also paid. The hospital also has a pharmacy outlet and pays vat on its sale of medicnes. under the present scenerio can the gst paid on rent be claimed as input against gst payable on sale of medicines.
The hospital also pays tax on manpower recruiting services, can this too be claimed against tax payable on medicines sold.
thank you in advance.
a pvt ltd co. in hospital services pays rent twds building on which service tax is also paid. The hospital also has a pharmacy outlet and pays vat on its sale of medicnes. under the present scenerio can the gst paid on rent be claimed as input against gst payable on sale of medicines.
The hospital also pays tax on manpower recruiting services, can this too be claimed against tax payable on medicines sold.
thank you in advance.
27 June 2017
No, ITC is not available
If the goods and/or services are taken to deliver the same category of services or as a part of a composite supply, then only credit will be available
If the goods and/or services are taken to deliver the same category of services or as a part of a composite supply, then only credit will be available
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Unregistered suppliers utility
- ITDS U/S.194T of Firm
- Difference between Date of Payment and Date of Deduction?
- GST not cancelled by tenant
- Filling ITR - U
- Same demand raised for original as well as rectification request return
- Sale of property held jointly with a non resident Indian
- Form 140 tds
- Bank details not Visible on Traces Portal
- TDS ON EMAIL DOMAIN SERVICE BILL
- Capital gain on sale and purchase of plot
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
