The GST Council is likely to clarify that going ahead, the construction of civil structures, like bridges, roads, etc., which are not intended for sale to a buyer, will get a refund of the accumulated input tax credit (ITC) from the date the notification is issued, a senior government official told Moneycontrol.
Source a2ztaxcorp
Latest Posts in "India"
- West Bengal AAR Rejects Hotel ITC Advance Ruling Over Pending GST Proceedings
- IMS vs Purchase Register: GST Reconciliation Guide
- Rajasthan AAAR: Compostable Bags Taxable at 5% Only if Biodegradable
- Tamil Nadu AAR: GST on Foreign Director’s Commission, Export Agents Exempt, C&F Taxable
- Supreme Court Upholds GST on Online Gaming Stakes as Taxable Actionable Claims













