https://www.taxtmi.com/forum/issue?id=118148 Compute common credit (C2) after attribution; calculate exempt attributable credit D1 = (E / F) x C2 using project specific carpet area E and F (E including exempt and unbooked apartments at completion); compute non business credit D2 = 5% of C2; determine eligible credit C3 = C2 - (D1 + D2); reverse the aggregate of D1 and D2 in FORM GSTR 3B or FORM GST DRC 03. Final calculation for each project is to be completed before the September return following the financial year in which the completion certificate or first occupation occurs. en-us Fri, 09 Sep 2022 07:54:52 +0530 Thu, 23 Jan 2025 15:54:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=118148 Compute common credit (C2) after attribution; calculate exempt attributable credit D1 = (E / F) x C2 using project specific carpet area E and F (E including exempt and unbooked apartments at completion); compute non business credit D2 = 5% of C2; determine eligible credit C3 = C2 - (D1 + D2); reverse the aggregate of D1 and D2 in FORM GSTR 3B or FORM GST DRC 03. Final calculation for each project is to be completed before the September return following the financial year in which the completion certificate or first occupation occurs. Discussion-Forum GST Fri, 09 Sep 2022 07:54:52 +0530 https://www.taxtmi.com/forum/issue?id=118148