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ITC for Real Estate
we have Real Estate Projects whether ITC on Goods purchased like Steel, Cement etc would be available under GST or not?
Replies (4)
Credits of GST paid on all the inputs against output services of real estate is available.......
thanx for valuable suggestions
sir,i m making a building for provide renting services.if i purchase and install a.c.,lift,furniture. so could i liable to take gst input on the same.
@ Sunil tripathi.....
Depends upon the conditions whether it can be treated as capital assets or not..........
Otherwise.......... no itc on consumed items.....
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