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input credit in works contract


18 November 2017 I M a trust which provides renting service of a hospital now we create a contract between hospital & trust to develop a land for cycle stand(trust is land owner) now that is new service by us to hospital i.e work's contract now different input credit we are book on cement,steel & misc for works contract now can I utilise that credit to pay Gst on renting service,till date we are not issue works contract bill.

18 November 2017 You can't utilize such credit to pay GST on renting service. Refer ITC rules.

18 November 2017 what if I raised bill on such works contract


18 November 2017 If you raise a bill on works contract to hospital with 18% GST then you can avail ITC on cement, steel and misc.

18 November 2017 thank you sir.



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