Professional
289 Points
Posted on 29 June 2017
As per sec 17 of CGST ITC shall not be available in respect of works contract services when supplies for construction of immovable property (other then plant and machinery) except where it is an input service for further supply of works contract services.e.g tax paid by sun contractor is available as credit to main contractor however tax paid by main contractor shall not be available as credit to owner of factory/premise/property.