Can we get GST credit on Cement purchase on construction of building?

We are in manufacturing business. Can we get GST credit on Cement purchase on construction of building.

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4 Answer(s)

Yes that’s the amazing thing about gst.

Answered on June 20, 2017.
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No input credit on purchase item for construction

Answered on June 20, 2017.
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Yes

Answered on June 20, 2017.
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No you cannot claim credit of the same as the Act clearly states that no credit is available on goods and services where construction is done on own account even if it is for furtherance of business. So assuming you are building this property for your own use and will be treated as fixed asset in your books.

Answered on June 26, 2017.
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Your Answer

Gen GST