Input tax credit to builders

This query is : Resolved 

02 June 2018 Can Builders get input tax credit of Goods and Services (Steel , cements etc)?

02 June 2018 Yes Builders get input tax credit of Goods and Services (Steel , cements etc.

02 June 2018 Sir CA R SEETHARAMAN

But as per Section 17(5)(c) works contract services when supplied for construction of an immovable
property (other than plant and machinery) except where it is an input service for further
supply of works contract service;

Is this section not applicable to builder?

02 June 2018 Yes not applicable to builder.


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