Menu
ITC APPLICABILITY ON WORKS CONTRACT
If a person registered as contract service provider receives tenders from government for making roads, small dams, ditch, sewage etc then in that case whether the person is eligible to claim ITC or not ??
Replies (7)
Yes ITC can be claimed
There are certain exceptions.
Yes exception are there
What are the exception ??
Only work's contractor services can claim ITC
Other than Ineligible ITC as per Section 17(5) of GST Act, the person can avail ITC on all inward supply of Goods or Services or both.
Agree with also
Recent Topic
- Filing ITR3 where income under section 44AD with L
- What is superannuation fund
- GST Refund of input services under Inverted Duty S
- Dividend Reporting
- Real operational bottlenecks after firms use Tally
- Purchase return under gst
- Long Term Capital Loss - cannot be carried forward
- Cross-utilization of ITC between Trading and Resta
- Form 121 eligibility for non deduction of TDS for
- Gold/silver etf. STCG. how to decalre in ITR at s
Related Topics
CAclubindia
