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ITC on govt contact works
Can a works contractor avail ITC in respect of goods and services or both supplied for execution of govt works contract. pls clarify.
Replies (4)
Hi sir there no such thing govt works contract
is restrictions sec 17(5) (c) n (d) cgst act of 2017
oly itc they can claim
1 plant & machinery
2 itc can claim oly similar business means inward supply for provision of outward supply otherwise not
is restrictions sec 17(5) (c) n (d) cgst act of 2017
oly itc they can claim
1 plant & machinery
2 itc can claim oly similar business means inward supply for provision of outward supply otherwise not
Govt department awards certain contracts like construction of bridges, roads etc for which works contractor procures material for execution of the construction. can he avail ITC on those materials...
Yes ofcourse the Work Contractor can claim ITC on his inward supply when it is further supply
Yes the Works Contractor is eligible to claim ITC on Goods or Services used for construction.
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