ITC availability to work contractor

[KARAN VERMA]

Sir, i am work contractor providing work contract services in relation to construction of immovable property and raise tax invoice by charging 18% GST to recipient of service.

My question is whether i am eligible to take ITC on purchase of cement, steel and other building construction items which are used for providing work contract services by me.

Kindly clarify this.

AI Summary

Input tax credit eligibility: contractors may claim ITC on construction materials; owners constructing for own account cannot.
Work contract service providers can claim input tax credit on construction materials used in supplying works contract services when those materials are not capitalised in the provider's books; conversely, a recipient who commissions construction of immovable property for own account (such as a builder constructing to let) is not eligible to claim input tax credit for that construction service under the immovable-property exclusion.