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Input Credit Setoff

ITC / Input 214 views 4 replies
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
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

 


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