Wcs
This query is : Resolved
28 April 2018
Can a registered works contractor avail ITC on purchase of material against private work I.e construction of residential house of an indivisual?
29 April 2018
As per section 17(5) (c) of the CGST Act, 2017, input tax credit shall not be
available in respect of the 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.
available in respect of the 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.
29 April 2018
Here the house owner is not eligible for ITC that the contractor collected in his bill because of the house owner is not engaged in further supply of wcs,but the works contractor can claim ITC on purchase of material which is embedded in transfer of property.What is ur view?
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