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?
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?
Message likes :
1 times
02 June 2018
Yes not applicable to builder.
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