Bending of the law with angled interpretation and without breaking the law results in positive results of such cases. Wonderfully drafted by the lawyers. Kudos.
This is very good, madam, now everyone will construct their own building, and then for four to five years they will show that they are receiving rent for two or four thousand every month and they will tell the government that no supply chain has been broken here, then we will also claim it
Sir/Mam in private contractor I have claimed 28500 in put in 3B. But it is a single buildin contructed in 680 sq.ft Now the building was sold. I have reversed the in put in reversal input in column D in others. In the next month the input is showing credit ledger, but it was not nullifiy. Whether this was correct or now where I have show this input.
In your case input tax credit is not covered under 17(5), it is your business to make tunnels and other construction activity. It is part of furtherance of business. Yes, you can claim input tax credit.
@@nitinnayak1407 .. Our is Mumbai metro rai corporation Ltd...co has given contract to make tunnels n station....in that case...our contractors staying that they are not entitled to take cenvat....as it's related to construction contract ( works Contract)....in our company case...we r end user...so we didn't get any input credit.....but if contractor can get....so we can reduce the contact price.....as all our contracts made inclusion of all taxes.....kindly advice
Is it make a difference whether expenses on construction is a capital expenditure or revenue expenditure. I read somewhere if you capitalise it then ITC is not available but if you claim the same as revenue expenditure then itc will be allowed. Suppose i am renovating one of my showroom what will be the ITC implications.
sir reply krna plz ek query hai hmari company hai work contract ki hum ghr bnate toh client hme paise de rha hai 50 lakh 10 lakh ki labour ki payment de rha aur bol rha ki mao gst tax nhi dunga . toh ap ye btao kaise manage kre 50 lakh ko ko gst na lena pde na dena pde plz sir btao kaose manage kre
R/Mam I have one query. One registered person had imported some machinery. During the warranty period, he is receiving some parts on FOC basis. However, IGST was charged by the custom department on deemed value of parts. Whether input tax credit of IGST collected by the Custom Department would be available to the person? whether the condition as mentioned in second proviso to section 16(2) to the effect that payment to supplier should be made within 180 days would become hurdle in a way to claim credit?
Beautifully explained by you ma'am i have read this judgement not fully but partly, on the basis of this can we say that itc for construction of HOTEL will also be available, reason for that will be also simple i will charge gst and pay to government, no chain will be break, another thing is, yes if decision will be changed in supreme court then it will be disappointing. Please replies if possible. Thank you for discussing such landmark decision.
Madam g Mare ek claint ne apne plot per non affordable house banene ke lia contractor se agreement kiya. Use kitna % gst dena hoga. Contractor jab itc le raha hai to uska fayda mere claint ko melega ya nahi.
Purchased apartment this month, paid GST to the builder. Now broker of this apartment is also demanding GST for his.brokerage charges.I want to know GST on brokerage charge is applicable undet GST act. If yes then at what percentage?
Thank you mam for giving your valuable time to us, mam Pl help me Can a with material contractor claim itc when he is purchasing cement or bricks to construct the inspection chamber or to laid pipe line( immovable property) etc.
Hi Sir, I filled one form in June 2017 for affordable GLS Avenue 51 project and Draw was held in August 2017, and GST was launched in July 2017. Now builder is saying that they choose 8% with ITC. My question is that are we eligible to get ITC refund from builder or not. Kindly answer me ASAP. Thanks in Advance
Thanks for making this video. Further, I think and want from expert like you to start class section having interlink with other section or may be any court cases.
Taxpayer (TP) is Concessioner having rights to collect fee at border check Post(BCP) under Build Operate Transfer (BOT) contract. Does TP eligible for ITC on civil contrustion and robust IT equipment installed in BCP?
Dear...Mam. One client came 2 me who is registered as composition Dealer...since 2017-18... his GSTR 4 are filed as NIL return.... but at GSTR 2A of 2017-18.... purchase is coming approx 1.5 lakh...THOUGH as per Turnover is concerning... he is not even liable ...for registration at all.... now what should i have 2 do .
Mam mere purchase return k wajah se itc negative ho Gaye hai to use 3b k other reversal wale columns me dal sakte hai please aap reply kare mam . Please..........
medam ea jo commercial building banaeinga to us ka efect keya hoga balance sheet me kiu ki o to capital assets hoga to eia itc mele ga kiya eska details or brekup me tora bata dijia na example de kor ke please
Mam, accounting to this judgement,if ITC would be allowed on construction of building in respect of supply of renting service, than itc would be allowed on construction of building (here building means a plant of a manufacturing unit) because without plant we can produce products and not possible to sell the products. So Just as the direct connection of the rent is from the building, in the same way production is also related to building, because building is lust like necessary equipment for production of the goods. Please advise
Hello Mam, I follow almost every blog of urs as they add so much to my knowledge. Mam, I have one question in my mind related to this case. In this case, construction property belongs to owner but if it is a lease property e.g hotel, than can a lessee take the benefit of ITC for the construction work done on this poperty.
Ma'am One of my client provide pg services and he takes places on rent and then let out for pg Can u please tell me ? This service is taxable or come under tariff
Hello mam .mera service ka business hai mera koi purchase nahi rehta phir bhi mujhe gst se SMS aya hai ke apka 18-19 main 4 lakh ka exceed hai .Etna mera business bada nahi hai. Please explain me.
मैडम 2017-18 मै gstr1मे सेल ज्यादा दिखाई थी और उसका टैक्स 18-19 की 3b मे दिखा दिया था सवाल यह है की gstr9 मे मे डाटा gstr1 से आ रहा है जो सही है अगर 2018-19 की 3b मे दिखाएं गए टैक्स को मे Turnover declared of previouse year मे डालता हूं तो टर्न ओवर 9 मे बढ़ जायेगा क्या करू
Video covers Important Due dates of compliance In JUNE 19 (MONTH OF DEADLY COMPLIANCE'S):- 1. Goods & Service Tax Act (GST Act) ||||2. Income Tax |||||3. Companies Act ||||4. ESI, PF Acts LINK, "th-cam.com/video/jslvtRcLV5Y/w-d-xo.html"
medam ea jo commercial building banaeinga to us ka efect keya hoga balance sheet me kiu ki o to capital assets hoga to eia itc mele ga kiya eska details or brekup me tora bata dijia na example de kor ke please
medam ea jo commercial building banaeinga to us ka efect keya hoga balance sheet me kiu ki o to capital assets hoga to eia itc mele ga kiya eska details or brekup me tora bata dijia na example de kor ke please
medam ea jo commercial building banaeinga to us ka efect keya hoga balance sheet me kiu ki o to capital assets hoga to eia itc mele ga kiya eska details or brekup me tora bata dijia na example de kor ke please
Bending of the law with angled interpretation and without breaking the law results in positive results of such cases. Wonderfully drafted by the lawyers. Kudos.
Thank you madam atleast someone understand our efforts in this case ...thank you again for our name..
Tb hi jeene me maza ayga.. thanks for motivate..👍
This is very good, madam, now everyone will construct their own building, and then for four to five years they will show that they are receiving rent for two or four thousand every month and they will tell the government that no supply chain has been broken here, then we will also claim it
Excellent way of explanation
You make the topic simple to understand... great work really 👍
Very nice explain mam🤟🤟🤟🤟🤟
Very Nice Explanation.. Mam
Very thanks mam this is Very very important videos for us for growing our knowledge...I watched your every videos and notification..
Sir/Mam in private contractor I have claimed 28500 in put in 3B. But it is a single buildin contructed in 680 sq.ft Now the building was sold. I have reversed the in put in reversal input in column D in others. In the next month the input is showing credit ledger, but it was not nullifiy.
Whether this was correct or now where I have show this input.
Building materials par input Meelayga ya nai
What in case of metro project?
Contractor can get credit on tunnels n station? We are MMRCL company
In your case input tax credit is not covered under 17(5), it is your business to make tunnels and other construction activity. It is part of furtherance of business. Yes, you can claim input tax credit.
@@nitinnayak1407 ..
Our is Mumbai metro rai corporation Ltd...co has given contract to make tunnels n station....in that case...our contractors staying that they are not entitled to take cenvat....as it's related to construction contract ( works Contract)....in our company case...we r end user...so we didn't get any input credit.....but if contractor can get....so we can reduce the contact price.....as all our contracts made inclusion of all taxes.....kindly advice
Gud noon mam mam temme one thing if we letout property for residential purpose than in that case we will eligible for itc or not
Is it make a difference whether expenses on construction is a capital expenditure or revenue expenditure. I read somewhere if you capitalise it then ITC is not available but if you claim the same as revenue expenditure then itc will be allowed. Suppose i am renovating one of my showroom what will be the ITC implications.
Thank you so much for explaining the case
Civil contractor ( roads) gst kise fill kare??? ... gst calculation?.... pe mam ek demo video banaiye...please 🙏
Late fine Kitna hoga?..
Mam sec 32 of cgst rule is mandatory or optional to assessee
Fir to agar koi hotel construct kar rha h use bhi itc milna chahiye kyonki us case m continue supply h... Rectify me if I am wrong
Right
sir reply krna plz
ek query hai hmari company hai work contract ki hum ghr bnate toh client hme paise de rha hai 50 lakh
10 lakh ki labour ki payment de rha
aur bol rha ki mao gst tax nhi dunga . toh ap ye btao kaise manage kre 50 lakh ko ko gst na lena pde na dena pde plz sir btao kaose manage kre
Very good suggestion madam thank you very much
R/Mam
I have one query. One registered person had imported some machinery. During the warranty period, he is receiving some parts on FOC basis. However, IGST was charged by the custom department on deemed value of parts. Whether input tax credit of IGST collected by the Custom Department would be available to the person? whether the condition as mentioned in second proviso to section 16(2) to the effect that payment to supplier should be made within 180 days would become hurdle in a way to claim credit?
Exempted good purchase pe Gta service 1500 se above hai to Rcm pay karna hai ya nahi ?? Please advise
Thanks for teaching
Beautifully explained by you ma'am i have read this judgement not fully but partly, on the basis of this can we say that itc for construction of HOTEL will also be available, reason for that will be also simple i will charge gst and pay to government, no chain will be break, another thing is, yes if decision will be changed in supreme court then it will be disappointing. Please replies if possible.
Thank you for discussing such landmark decision.
Madam g
Mare ek claint ne apne plot per non affordable house banene ke lia contractor se agreement kiya. Use kitna % gst dena hoga. Contractor jab itc le raha hai to uska fayda mere claint ko melega ya nahi.
Mam please TDS and TCS PE VIDEO SHARE KIJIYE GA
Is that retrospective..... I mean on which itc had not claimed.. Can we still have chance to claim that unclaimed itc
Mam job work challan pr tax lgega ya nhi
Purchased apartment this month, paid GST to the builder. Now broker of this apartment is also demanding GST for his.brokerage charges.I want to know GST on brokerage charge is applicable undet GST act. If yes then at what percentage?
Thank you mam for giving your valuable time to us, mam Pl help me
Can a with material contractor claim itc when he is purchasing cement or bricks to construct the inspection chamber or to laid pipe line( immovable property) etc.
Thank you mam🙏🙏🙏🙏🙏
I want to say that "THIS CASE STUDY GIVE A NEW CONCEPT OF ITC UNDER CONSTRUCTION BUSINESS IF PROPERTY LET OUT"👌👌👌👍👍
yup
Hi Sir, I filled one form in June 2017 for affordable GLS Avenue 51 project and Draw was held in August 2017, and GST was launched in July 2017. Now builder is saying that they choose 8% with ITC. My question is that are we eligible to get ITC refund from builder or not. Kindly answer me ASAP. Thanks in Advance
Mam, can a contractor claim itc on materials purchased
Thanks for making this video. Further, I think and want from expert like you to start class section having interlink with other section or may be any court cases.
I am working on cases issues
please tell me gst rate on Excavating sub contract ..??
Taxpayer (TP) is Concessioner having rights to collect fee at border check Post(BCP) under Build Operate Transfer (BOT) contract. Does TP eligible for ITC on civil contrustion and robust IT equipment installed in BCP?
Dear...Mam.
One client came 2 me who is registered as composition Dealer...since 2017-18... his GSTR 4 are filed as NIL return.... but at GSTR 2A of 2017-18.... purchase is coming approx 1.5 lakh...THOUGH as per Turnover is concerning... he is not even liable ...for registration at all.... now what should i have 2 do .
50 lakh ka cliemt mil a mam ye btao kaose manage kre work contract hai ghr bnana bo bolra ns gst lena na dena kaose kre manage
Mam mere purchase return k wajah se itc negative ho Gaye hai to use 3b k other reversal wale columns me dal sakte hai please aap reply kare mam . Please..........
March 2018 GST input mistake not updated around Rs. 80000/-...can i consider or recovery input in August 2019. Please help me
Renovation of building in a restaurant business is eligible for ITC
Thank mam ....For accepting...My request
Mam
Can you give website name in which landmark decision we can see
Please Share Judgement Copy.
Why not Input tax credit for Indutrial contruction. It is also use for business mfg activity that is for out ward supply
It may be Input tax credit
Yes it should also be available
Madam contractor ka gst kaise file hoga. Plz answer
medam ea jo commercial building banaeinga to us ka efect keya hoga balance sheet me kiu ki o to capital assets hoga to eia itc mele ga kiya eska details or brekup me tora bata dijia na example de kor ke please
Mam, accounting to this judgement,if ITC would be allowed on construction of building in respect of supply of renting service, than itc would be allowed on construction of building (here building means a plant of a manufacturing unit) because without plant we can produce products and not possible to sell the products.
So Just as the direct connection of the rent is from the building, in the same way production is also related to building, because building is lust like necessary equipment for production of the goods.
Please advise
Harinder Kumar right i agree with u
can we apply safari retreats judgement in maharastra, please help out
if i have applied for cancellation of my gst registeration in jan -19, should we keep continue filing of gst return or not
Hello Mam, I follow almost every blog of urs as they add so much to my knowledge. Mam, I have one question in my mind related to this case. In this case, construction property belongs to owner but if it is a lease property e.g hotel, than can a lessee take the benefit of ITC for the construction work done on this poperty.
Mam, Please enlighten us, whether ITC can be availed by lessee incurred through construction expenses on property taken on lease.
I need copy for the case discussion because I need this on urgent basis
Plz share judgement copy
Any chance to waive late fee again in few days?
Brilliant MIND
Ma'am
One of my client provide pg services and he takes places on rent and then let out for pg
Can u please tell me ?
This service is taxable or come under tariff
Hello mam .mera service ka business hai mera koi purchase nahi rehta phir bhi mujhe gst se SMS aya hai ke apka 18-19 main 4 lakh ka exceed hai .Etna mera business bada nahi hai.
Please explain me.
mam hotel wale ko milega..
Madam good import hua hai or cleaning and charges pe custom duty pay hua to iske bare me video make kijiye
मैडम 2017-18 मै gstr1मे सेल ज्यादा दिखाई थी और उसका टैक्स 18-19 की 3b मे दिखा दिया था
सवाल यह है की gstr9 मे मे डाटा gstr1 से आ रहा है जो सही है
अगर 2018-19 की 3b मे दिखाएं गए टैक्स को मे Turnover declared of previouse year मे डालता हूं तो टर्न ओवर 9 मे बढ़ जायेगा क्या करू
I hope this decision in favour of Assessee
Gstr3b me excess itc clame hogiya he, kiya koru
MAM CONSTRACTION KA 3B AND R1 FILING KA ON PORTAL VIDEO BANAYE PLEASE
How to prepair new gst return by ans 1 and ans 2 please make a video
Thanks
Thanku mam
Thanks !
INPUT IS TAKEN IF LET OUT OF COMMERCIAL PROPERTY PLZ ADVICE ME
कृपया जी.एस.टी.2 अपील ट्रिब्यूनल कोर्ट में कैसे दायर करें।इस पर कोई वीडियो वनायें।
Thanks
Must put on a complete video on GSTR 9 filing checklist and a demo filing, like which section needs which kind of information to be filled.
Madam ji iska supreme court ka judgment aa chuka hai or ITC claim nhi kr skte so uski video bna kr apne Chanel me dalo taki glt ITC na claim ho
Video covers Important Due dates of compliance In JUNE 19 (MONTH OF DEADLY COMPLIANCE'S):-
1. Goods & Service Tax Act (GST Act) ||||2. Income Tax |||||3. Companies Act ||||4. ESI, PF Acts
LINK, "th-cam.com/video/jslvtRcLV5Y/w-d-xo.html"
मैडम आप इनकम टैक्स पर itr 1 to 7 ऐण्ड ऑडिट को एक वेब्नेर क्लास सुरु करिया
medam ea jo commercial building banaeinga to us ka efect keya hoga balance sheet me kiu ki o to capital assets hoga to eia itc mele ga kiya eska details or brekup me tora bata dijia na example de kor ke please
Thank mam
medam ea jo commercial building banaeinga to us ka efect keya hoga balance sheet me kiu ki o to capital assets hoga to eia itc mele ga kiya eska details or brekup me tora bata dijia na example de kor ke please
medam ea jo commercial building banaeinga to us ka efect keya hoga balance sheet me kiu ki o to capital assets hoga to eia itc mele ga kiya eska details or brekup me tora bata dijia na example de kor ke please