I am Govt. Contractor I do take contract of road, sanitation arrangement,school building,meeting hall etc from state govt.
whether am i eligible to claim ITC on material purchased like coment,steel,etc.
people are are saying something no ITC on immovable property except plant and machinarry.....
please tell me in simple language.... with example will be better.
thank you
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Work contract
Replies (1)
no itc on Services of works contract availed for construction of an immovable property except where it is an input service for providing further supply of works contract service.
in your case you can take itc
in your case you can take itc
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