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Treading the GST Path-I - A 'Principal' mismatch?


reading the GST Path-1 - A 'Principal' mismatch

Sir, I would also like to add that in GST regime, the developers/Builders might not be allowed the abatement, as there would be tax on the entire activity. Keeping that possibility in mind, the above provision might prove impediment for Developers/builders to take credit. Especially in case were Developers/Builders sub-contract the construction and supply them material for construction.

Mahavir Jain 25/08/2016

 

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