As part of a JDA to construct a structure, between landlord and developer, the developer bears the cost of the entire construction material and delivers the construction.
- From the perspective of GST input tax credit, does the developer get to keep the entire input tax credit for 100% of construction material ordered or does landlord have right to use 50% of that cost for his input tax credit respective to his share in the JDA ?
- If landlord has not sold his share of the constructed property delivered by developer, can he still take benefit of input tax credit while paying GST for his share ?
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