rashesh modi (16 Points)
13 September 2017
Dinesh Reddy
(138 Points)
Replied 13 September 2017
No it is not eligible for ITC. Refer Section 17 (6) of CGST Act,2017 followed by Explanaion.
RAJA P M
("Do the Right Thing...!!!")
(128111 Points)
Replied 13 September 2017
RAJA P M
("Do the Right Thing...!!!")
(128111 Points)
Replied 13 September 2017
maheshwar reddy
(ca ipcc papres)
(22 Points)
Replied 20 May 2019
CA Haritha Komma
(Chartered Accountant)
(1147 Points)
Replied 20 May 2019
It depends on the project and the option availed by builder
1. Ongoing project - Either 12% with ITC or 5%/1% without ITC
2. New project - 5%/1% without ITC - mandatory
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)
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