BUILDER ITC
Mondira Saha (GST) (3925 Points)
26 August 2022
if builder sold flat as ready to move can he claim ITC which he paid at the time of flat construction ?
Mondira Saha (GST) (3925 Points)
26 August 2022
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160337 Points)
Replied 26 August 2022
No, if completion certificate from local authority already received.
Mondira Saha
(GST)
(3925 Points)
Replied 26 August 2022
CA Puja Sharma
(Chartered Accountant)
(4874 Points)
Replied 27 August 2022
Since the flats have been sold after receiving the ITC, ITC cannot be claimed against this supply.
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
CAclubindia
