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about input credit

ITC / Input 176 views 6 replies
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13 Points Posted on 27 August 2017
If we are constructing a new factory shed involving pre engineered building (1.25.cr) and civil work (0.75cr) total GST will be 40 lacs.
Can we avail this GST.
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On 27 August 2017 at 08:52 Report
Replies (6)
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GST Consultant
15986 Points Posted on 27 August 2017
No, you can't.
55 Reply
On 27 August 2017 at 09:02
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66 Points Posted on 27 August 2017
But for construction work gst is 18% with full details ITC.CONTRACTOR WHO PURCHASES MATERIALS SHALL avail ITC ON materials.
if individual is concerned ,since it is service recepient hence no ITC.
am I right?
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On 27 August 2017 at 10:08
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GST Consultant
15986 Points Posted on 27 August 2017
The service recipient will not get any credits.
55 Reply
On 27 August 2017 at 10:48
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66 Points Posted on 27 August 2017
thanks sir
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On 27 August 2017 at 10:58
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13 Points Posted on 27 August 2017
the dealer is manufacturing unit of engineering goods.
still input credit is not available?
can you please provide some reference from GST ACT?
1 Reply
On 27 August 2017 at 20:24
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GST Consultant
15986 Points Posted on 27 August 2017
Construction of immovable property: credits not available
55 Reply
On 27 August 2017 at 20:43


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