Input tax credit for government contractors
This query is : Resolved
14 October 2019
Government contractors who are carrying on works in various governement departments i.e., Highways Department, PWD department etc., are purchasing materials and claiming input tax credit. They are paying 12% GST; but taking credit for the purchases of building materials. Are they eligible for claiming input tax credit on the purchases made by them ?
CA Anita Bhadra
(Expert)
14 October 2019
Yes ,
Government contractors are eligible to claim ITC on purchases made by them .
For more details , refer
https://taxguru.in/goods-and-service-tax/overview-gst-government-works-contract.html
Government contractors are eligible to claim ITC on purchases made by them .
For more details , refer
https://taxguru.in/goods-and-service-tax/overview-gst-government-works-contract.html
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