INPUT TAX CREDIT FOR CONSTRUCTION OF HOSPITAL

Goods and Services Tax – Started By: – VASUDEVAN NAMBOOTHIRI – Dated:- 24-7-2017 Last Replied Date:- 8-8-2017 – Sir,We are constructing a Hospital complex. We directly purchase some goods and use in construction. Are we eligible for input tax credit. – Reply By Ganeshan Kalyani – The Reply = In my view you are not eligible to take input tax credit. – Reply By HimansuSekhar Sha – The Reply = If you have undertaken wcs then you are eligible – Reply By KASTURI SETHI – The Reply = Pure labour is exempted from GST for Govt. constructions only.Construction of private hospital or hospital complex is not exempted from GST. Since outward supply (Service) is taxable, ITC would be admissible as opined by Sh.Himansu Sekhar Sha Ji. This is my view. – R

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

the querist explain. – Reply By HimansuSekhar Sha – The Reply = All the experts have given the correct opinions. If for personal works no credit is available. I meant the person is providing services. Then credit is available. My regard to all of the views. – Reply By Monica Giri – The Reply = Dear Sir/s I have a similar query, if a hospital has taken a commercial property on lease, and is paying GST on rent, is there an option taking Input Tax Credit? since hospital services are exempted from GST. – Reply By KASTURI SETHI – The Reply = If output service is exempted from GST, no ITC is admissible. – Reply By subramanian vijayakumar – The Reply = Yes if it is for personal use no itc if it is a works contract os seevice then gst will be attr

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Leave a Reply