REAL ESTATE SECTOR

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..... Hello sirs/madam, Whether RCM CREDIT could be availed under new scheme / condition of tax rates (1% or 5%) for REP projects without ITC applicable from 01.04.2019?? Whether ITC RCM credit are diff .....

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..... erent in this scenario?? Kindly clarify. Thank you. - Reply By Shilpi Jain - The Reply = Where the condition in the statute is that ITC is not available then the credit of taxes paid under RCM wil .....

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..... l also not be available - Reply By Ganeshan Kalyani - The Reply = Sir, under new scheme of real estate project the input tax credit is not allowed. Input tax credit includes credit on inward supplie .....

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..... s other than RCM and inward supplies under RCM. - REAL ESTATE SECTOR - Query Started By: - Sasi Kumar Dated:- 25-8-2022 Goods and Services Tax - GST - Got 2 Replies - GST - Discussion Forum - Knowl .....

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..... edge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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