Whether input tax on works contract is blocked credit under GST



Works contract has always been a debatable issue, be it whether a transaction qualifies as works contract or availing deduction from turnover or input tax credits under indirect tax laws. Under GST regime, lawmakers have made an effort to bring relief to this sector by deeming the entire works contr
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About the Author

Practising CA

I am a practising Chartered Accountant in the field of compliance and advisory services of SEBI registered intermediaries namely Investment Advisors, Research Analysts, Portfolio Managers, Alternate Investment Funds. Also, a functional consultant for development of software applications and indirect Taxes. You ca ... Read more


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