NO
Correct. Nature of business differs.
As per section 17 of CGST Act ,input tax credit of construction of immovable property cannot be utilised unless you are also involved in the business of construction of immovable property.
IF YOU ARE NOT RESLAE PROPERTY ,
YOU CAN NOT TAKE ITC
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
