https://www.taxtmi.com/notifications?id=147386 Input tax credit relating to inputs, input services, and capital goods used in construction services must be apportioned and finalised project-wise using carpet-area measures. Excess credit attributable to exempt or unbooked portions must be reversed with applicable interest, while excess reversals may be claimed as credit. Shared inputs, input services, and capital goods must be assigned among projects on a reasonable basis. Integrated-tax credit must first be applied against integrated-tax liability before other tax credits may be used. en-us Fri, 17 May 2019 00:00:00 +0530 Tue, 20 Oct 2026 16:59:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=147386 Input tax credit relating to inputs, input services, and capital goods used in construction services must be apportioned and finalised project-wise using carpet-area measures. Excess credit attributable to exempt or unbooked portions must be reversed with applicable interest, while excess reversals may be claimed as credit. Shared inputs, input services, and capital goods must be assigned among projects on a reasonable basis. Integrated-tax credit must first be applied against integrated-tax liability before other tax credits may be used. Notifications GST - States Fri, 17 May 2019 00:00:00 +0530 https://www.taxtmi.com/notifications?id=147386