Input tax credit apportionment by area: construction-related services' credit split between taxable, zero-rated and exempt supplies. Allocation of input tax credit for construction-related services under clause (b) of paragraph 5 of Schedule II is determined by reference to the area of the complex, building, civil structure or part thereof that is taxable versus the area that is exempt, and applies to taxable, including zero rated, and exempt supplies.
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Input tax credit apportionment by area: construction-related services' credit split between taxable, zero-rated and exempt supplies.
Allocation of input tax credit for construction-related services under clause (b) of paragraph 5 of Schedule II is determined by reference to the area of the complex, building, civil structure or part thereof that is taxable versus the area that is exempt, and applies to taxable, including zero rated, and exempt supplies.
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