how to ITC take if 50 residential and 50 commercial
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Quick Summary
This discussion explores how to claim Input Tax Credit (ITC) for commercial units within a real estate project that also includes residential units. It specifically addresses a scenario with 50 residential units (GST at 5%/1%) and 50 commercial units (GST at 12%), seeking detailed guidance and relevant rules for ITC on the commercial portion.
In real estate project 50 residential units and 50 commercial units on residential units gst at 5%\1% and on commercial units 12 % with ITC how to take ITC on commercial units any rule provision