Input tax credit apportionment based on taxable versus exempt construction area governs allocation for GST credit. Clarifies that for services covered by the Schedule II construction provision, the amount of input tax credit attributable to taxable supplies, including zero-rated and exempt supplies, is to be determined by reference to the area of the complex, building, civil structure or part thereof that is taxable versus that which is exempt.
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Provisions expressly mentioned in the judgment/order text.
Input tax credit apportionment based on taxable versus exempt construction area governs allocation for GST credit.
Clarifies that for services covered by the Schedule II construction provision, the amount of input tax credit attributable to taxable supplies, including zero-rated and exempt supplies, is to be determined by reference to the area of the complex, building, civil structure or part thereof that is taxable versus that which is exempt.
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