ITC AVAILABLE OR NOT FOR CONSTRUCT OR REPAIR SCHOOL BUILDING
This query is : Resolved
20 August 2023
DEAR SIR,
ONE OF MY CLIENT IS WORKS CONTRACTOR HE UNDERTAKE A CONTRACT FOR SCHOOL BUILDING REPAIRS. HE PURCHASED THE CEMENT AND PAINT. SO ITC AVAILABLE FOR THIS CONTRACT SERVICES.
REGARDS
ONE OF MY CLIENT IS WORKS CONTRACTOR HE UNDERTAKE A CONTRACT FOR SCHOOL BUILDING REPAIRS. HE PURCHASED THE CEMENT AND PAINT. SO ITC AVAILABLE FOR THIS CONTRACT SERVICES.
REGARDS
22 August 2023
Works contractor can avail input tax credit there is no bar for him u/s 17(5).
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