I have booked shop under construction work now he charged 5 percent gst 125000.
can I claim.this itc.
please suggest me
thank u in advance
Menu
Regarding property itc
Replies (3)
Quick Summary
No.... you cannot It's block u/s 17(5) of CGST Act
Thank u sir for answer
No you cannot claim Input Tax Credit ( ITC ) on Works Contract as it is specifically BLOCKED U/s 17(5) clause (c) of the CGST Act 2017.
Recent Topics :
- UDIN generation
- Reply plz guys
- Tax Deduction and Collection Account Number
- Where can students practice XAT PYQs effectively?
- Gst on Guest house 5% without ITC
- How do you collect documents from clients for ITR
- GST ITC on Construction/ Tenant Specific Renovatio
- GST Treatment and Reporting of Share & Mutual
- AGM Defective Notice
- IMS Rejection of Sales and Sales return
Related Topics :
CAclubindia
