please explane what if i have input tax paid in gst to the suppliyers and can i avil that credit in m out put for my works contrct
Habrix Fabrix (1 Points)
28 June 2018please explane what if i have input tax paid in gst to the suppliyers and can i avil that credit in m out put for my works contrct
prasad Nilugal
( GST Practitioner & Accounts )
(14811 Points)
Replied 28 June 2018
AS per section 17(5) (c) of the CGST act 2017 you can not claim input tax credit on works contract service when supplied for construction of immovable property , except where it is an input service for further supply of works contract service .
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961