ITC in Work Contract

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Himanshu Agarwal (Querist)
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07 August 2020 Mr X(GST registered) took a contract to build the house for Mr Y(Individual)
Mr X procures Cement etc which are taxable item.
1.Will MR X can take the ITC of all that product?
2.Rate of GST Charged to Mr Y would be 18% ?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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07 August 2020 1 No ITC can be taken in such a case.
2 No GST applicable in case of such labour contract.

Himanshu Agarwal

Himanshu Agarwal (Querist)
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07 August 2020 Thanks sir.
But contract to build house contain material as well as labour both..and lumpsum amount has been charged

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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07 August 2020 In such a case 18% GST applicable exclusive of land value.

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