ITC on work contract
sushit shishul (338 Points)
06 August 2017
Will Input Credit be allowed on purchase made for Civil Construction(Construction of Road )?
sushit shishul (338 Points)
06 August 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(170108 Points)
Replied 06 August 2017
Input tax credit shall not be available in respect of the works contract services when supplied for construction of immovable property,(other than plant and machinery), except where it is an input service for further supply of works contract service.
i.e. credit of GST paid on works contract services will be allowed only if the output is also works contract services.
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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