dear sir or madam
I'm a contractor (works contract) and one of my clients who's having a battery factory gives us contract to build battery factory sheds and other construction related contracts he claims ITC on our bill.
The issue: We didn't upload one sales Bill belonging to that client.
He has held up the payment amount, for not uploading the bill.
I have told them I'll upload next month
Whether they can claim ITC on my bill?
No , He Can not claim input tax credit on any works contract bill , it's blocked credit under section 17(5) of the CGST Act 2017 , if he has taken the input tax credit earlier, he has to reverse the same with interest.
Take more opinion on this.
CAclubindia
