A GST HOLDER DOING X BUSINESS, HE CONSTRUCT OWN BUILDING FOR THAT BUSINESS, CAN HE CLAIM THE PURCHASE MATERIALS GST OR NOT? EX. CEMENT, STEEL ETC.,
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Gst input claim
Replies (4)
no. You cannot claim input as these are blocked credits.
No... The said ITC is blocked in GST.
ITC on Works Contract is Blocked u/s 17(5) of the CGST Act 2017.
My Dear Shivam RC.,
Yes... You are correct as per Your reply...
But, It's not works contract... Am I right...?!
Yes... You are correct as per Your reply...
But, It's not works contract... Am I right...?!
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