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Supplying Buitemuin to Sub Contractor from Main Contractor.
I am a Main Contractor Dealing with Civil Construction. I Give Some Work to Sub Contractor and I Purchased Buitmen and Supplied to Sub Contractor on Behalf of Sub Contractor then How to Treat the Tranction in GST.
Replies (2)
Quick Summary
Qtrly ITC 04 need to file
If the liability to supply buitmen is on Sub contractor but being provided by Main Contractor ,the sub-contractor may not required to include the same when bill raised to Main contractor.
Further No ITC on buitmen is available to Main contractor in term of Section 17(5).
Note : If main contractor includes the value of buitmen in Final Bill raised to end customer , then ITC is available to Main Contractor on the same.
Further No ITC on buitmen is available to Main contractor in term of Section 17(5).
Note : If main contractor includes the value of buitmen in Final Bill raised to end customer , then ITC is available to Main Contractor on the same.
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