Builders Under GST Scrutiny: Notices Issued to Reverse ITC

Last updated: 16 February 2024

In a significant development, the Goods and Services Tax (GST) department has initiated action against numerous builders, issuing notices to reverse Input Tax Credit (ITC) claimed for the fiscal years 2017-18 and 2018-19. These notices specifically address ITC claimed on unsold apartments at the tim

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Category GST   Report

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