ITC for works contract can be availed only by person who is in the same line of business and is using such services for further supply of works contract service. My query is does it qualify under inverted duty structure since output gst is paid at 12% while itc availed is at 18% ?
No ITC can only be claimed in the following cases:
* Export of goods
* In case of inverted duty structure
Other than these case no such refund is allowed under GST
V.K. Ranjan & Co(Chartered Accountants)
New Delhi
B.Com
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