Sir
I have a client who is in to Business of Construction of Villa.
He has entered in to contracts with various parties to whom he supplies Material require for Civil Contract for Building.
Services are billed with GST on the Service Component.
GST on Material Supplied he pays directly to supplier.
The Builder is selling the villas under construction and receives GST on the payments received.
Can the Builder get ITC for the GST he has paid on supplies or services against his collection of GST from underconstruction buyers
Regards
CAclubindia
