Input tax credit apportionment based on taxable versus exempt construction area for Schedule II construction services. The amount of input tax credit attributable to taxable supplies including zero-rated supplies and exempt supplies for construction services shall be determined on the basis of the area of the construction which is taxable and the area which is exempt.
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Input tax credit apportionment based on taxable versus exempt construction area for Schedule II construction services.
The amount of input tax credit attributable to taxable supplies including zero-rated supplies and exempt supplies for construction services shall be determined on the basis of the area of the construction which is taxable and the area which is exempt.
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