It's on work contractor
ARVIND (ACCOUNTANT) (131 Points)
26 May 2020
sir a person who is work contractor, contract of building, is work contractor take itc of purchase of material
2 Replies
Pankaj Rawat
(GST Practitioner)
(55057 Points)
Replied 26 May 2020
Yes ...... offcourse can avail ITC on inward supply which being further supply in course of business.
Shivam RC
(Student)
(23683 Points)
Replied 27 May 2020
Yes @ Arvind Sir....
Works Contractor can claim ITC on purchase of materials since it is in the course of his business ( Section 16(1) of the CGST Act 2017 ).
What is Blocked under Section 17(5) clause (c) is "WORKS CONTRACT SERVICES".
Works Contractor can claim ITC on purchase of materials since it is in the course of his business ( Section 16(1) of the CGST Act 2017 ).
What is Blocked under Section 17(5) clause (c) is "WORKS CONTRACT SERVICES".
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