https://www.taxtmi.com/forum/issue?id=113973 Availability of input tax credit on materials used in works contract services for construction of immovable property is disputed: the statute excludes ITC for such works contract services except where the inward supply is an input service for further supply of works contract service; views diverge on whether contractors (as suppliers) may claim credit on materials while recipients cannot, and commentators note reliance on council guidance and risk of future litigation if credit is taken contrary to the statutory restriction. en-us Mon, 23 Jul 2018 13:48:10 +0530 Thu, 23 Jan 2025 15:55:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=113973 Availability of input tax credit on materials used in works contract services for construction of immovable property is disputed: the statute excludes ITC for such works contract services except where the inward supply is an input service for further supply of works contract service; views diverge on whether contractors (as suppliers) may claim credit on materials while recipients cannot, and commentators note reliance on council guidance and risk of future litigation if credit is taken contrary to the statutory restriction. Discussion-Forum GST Mon, 23 Jul 2018 13:48:10 +0530 https://www.taxtmi.com/forum/issue?id=113973