Input tax credit allocation for construction services determined by area proportion between taxable (including zero-rated) and exempt supplies. Allocation of input tax credit for services under clause (b) of paragraph 5 of Schedule II shall be determined by apportioning credit between taxable (including zero-rated) and exempt supplies on the basis of the area of the construction, building, civil structure or part thereof that is taxable and the area that is exempt.
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Provisions expressly mentioned in the judgment/order text.
Input tax credit allocation for construction services determined by area proportion between taxable (including zero-rated) and exempt supplies.
Allocation of input tax credit for services under clause (b) of paragraph 5 of Schedule II shall be determined by apportioning credit between taxable (including zero-rated) and exempt supplies on the basis of the area of the construction, building, civil structure or part thereof that is taxable and the area that is exempt.
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