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GST - Highlights / Catch Notes

Home Highlights October 2018 Year 2018 This

ITC - construction services - The Input Tax Credit availed in ...


GST ITC on Land Development: Reverse Pro Rata for Plots Sold Post-Completion Certificate.

October 11, 2018

Case Laws     GST     AAR

ITC - construction services - The Input Tax Credit availed in respect of the GST paid on goods and/or services used/consumed for the development of the land, in respect of the plots sold after the issuance of Completion Certificate is liable to be reversed on pro rata basis.

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