Govt Contractors

Venkatesh K N (student) (178 Points)

06 March 2018

govt contract work output is 12%,

Input for govt contract work (cement steel and all) is 18 and 28%....

shall I take full benefit of input???

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4 Replies

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 06 March 2018

Mr/Mrs/Ms/ M/s.... Anatoly.,

Please go to post separately or go to advertise in any other websites...
It's not Your advertisement area...

Dhananjay saraf (Chartered Accountant) (254 Points)
Replied 06 March 2018

You can claim the input tax credit but excess ITC balance cannot be claimed as refund

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RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 06 March 2018

Yes You can claim ITC fully

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Venkatesh K N (student) (178 Points)
Replied 09 March 2018

thanks for reply 😊

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