CONSULTEASE.COM

Sign In

All QuestionsCategory: GST CompliancesSection 17(5) of CGST Act INELIGIBLE INPUT TAX CREDIT
ASHVIN JASANI asked 4 years ago

Section 17(5) of CGST Act INELIGIBLE INPUT TAX CREDIT

 i am construction my own factory and i will purchase cement and and other building material by giving my  gst  number so what can i do in gstr3b ??in section 17(5). AND HOW TO SHOW IN ACCOUNTING AND TALLY

Answer the question
1 Answers
Profile photo of Consultease AdministratorConsultease Administrator answered 3 years ago

In GSTR 3b you need to leave this ITC because you are not eligible for this Input tax credit. In Tally you will add this input tax in cost.