Can Claim ITC on work contact
Zeban Quadri (9 Points)
31 May 2018Zeban Quadri (9 Points)
31 May 2018
CA Padmasri Manyam
(CA in Practice)
(1340 Points)
Replied 31 May 2018
Yes. The contractor can claim ITC on goods procured to use in works contract.
Zeban Quadri
(9 Points)
Replied 31 May 2018
CA Padmasri Manyam
(CA in Practice)
(1340 Points)
Replied 31 May 2018
any works contract ITC can be calimed.
if the works contract services are used for any other supplies (other than for works contract) then there are some ITC restrictions under Section 17(5) of CGST Act.
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