CAN aVAIL ITC

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A user is asking whether they can claim Input Tax Credit (ITC) on materials purchased for construction projects, such as roads, schools, and toilets, commissioned by a Goan Panchayat. They are unsure if the services provided are exempt and how to determine this, especially since GST is charged upon completion.

Ashim kr Ray

Ashim kr Ray (Querist)
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01 October 2023 Sir,

Goan Panchayat gives contact to build roads,school, toilet, houses for development .The material purchase for this construction ,can i avail ITC for the same.
Please advice

CA Altamush Zafar

CA Altamush Zafar (Expert)
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02 October 2023 If the service you are providing is exempt then itc on inputs used for that supply of service will not be eligible...

Ashim kr Ray

Ashim kr Ray (Querist)
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02 October 2023 Sir,
its contract given gaon panchayat which is approve by zilla parishad and fund is released by state govt how do i come to know whether exempted or not. at completion gst is been charge from gaon panchayat.

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