Rest. Sir
how can triat Work Contrator in GST..
4 Replies
Pranjal Mishra
(128 Points)
Replied 24 November 2017
No itc on works contract of immovable property.. But itc is allowed in case works contract services are for plant and machinery
Arjun Tripathi
(168 Points)
Replied 25 November 2017
road is immovable property...then I will be not able to avail ITC....
this makes no sense
this makes no sense
Pranjal Mishra
(128 Points)
Replied 19 December 2017
It has logic. There is usually huge expenditure involved in works contract of immovable property.. So, itc expressly restricted in this case for the benefit of gst revenue of government.
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