Menu
ITC on GST paid in construction material
can ITC be refunded on GST paid in construction and building material which is used for business operations and expansion.
Replies (4)
Yes you can claim ITC Provided that Construction material purchased from registered dealer (except composition dealer) Nd they issue Tax invoice.
Please follow the given link
https://cleartax.in/s/gst-impact-works-contract
ITC on work contract not available
you can claim on purchase as well opening stock of material but purchase before one year of appointed date 01-07-2017. You have to file TAN 1 you have valid invoice for the same.
Recent Threads
- Returning the shares gifted by daughter?
- Gst tax rate
- Accounting of Govt Grant in aid-Assam Tea Estate
- Utilizing Capital gains in new home construction
- Hi i have some doubt about my microsoft exam?
- Period of holding of residential flat and its acqu
- ITRs for AY 2025-26 filed in September 2025 not pr
- Heard & Seen Around – Your Daily Economi
- Best NISM course for an Accountant
- Calculate IT on LTCG AND STCG for the FY 2025-26
Related Threads
CAclubindia
