A company is engaged in two kind of services. 1 ) construction 2) transportation
Can input of construction service be used in set-off of output Gst of Transportation service?
thanks in advance
Menu
Input Credit Setoff
Replies (4)
No.....
Yes u can setoff because both the services are under one PAN , treated like composit supply
No. As Input on goods used for construction is not eligible as per Sec 17(5).
YES U CAN AVAIL INPUT ON CONSTRUCTION SERIVCE IF IT IS FURTHER PROVIDED.IF IAM PROVIDING IT TO BUILDER, OR TO END CUSTOMER (UNREGISTERD)
THE CONSTRUCTION INPUT CAN BE CLAIM ..,IF SUPPOSE LIKE CA, WHO IS CONSTRUCTING HIS OFFICE ... IN THIS CASE THE CA CANNOT AVAIL ITC BUT THE PERSON WHO IS PROVIDING CONTRUCTION SERVICE TO CA CAN AVAIL ITC ON HIS INWARD SUPPLY
Recent Topic
- Issue with ITR2 online utility for HUF
- TDS deducted by EPFO under wrong section
- Schedule SI in ITR-2
- What is the easy way to do CA- through foundation
- Schedule FA query for this AY 2026-27
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
Related Topics
CAclubindia
