https://www.taxtmi.com/forum/issue?id=115310 A power company purchased cement and steel, paid GST, and issued them to its construction contractor on a recoverable basis by raising GST invoices. The query was whether such issuance is excluded from Input Tax Credit as blocked credits for inputs used in works for the taxpayer's own account. The discussion concluded the issuance amounted to a taxable supply (trading activity) by the company, so it may claim Input Tax Credit because the contractor could have bought the materials independently. en-us Sun, 11 Aug 2019 22:58:23 +0530 Thu, 23 Jan 2025 15:55:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=115310 A power company purchased cement and steel, paid GST, and issued them to its construction contractor on a recoverable basis by raising GST invoices. The query was whether such issuance is excluded from Input Tax Credit as blocked credits for inputs used in works for the taxpayer's own account. The discussion concluded the issuance amounted to a taxable supply (trading activity) by the company, so it may claim Input Tax Credit because the contractor could have bought the materials independently. Discussion-Forum GST Sun, 11 Aug 2019 22:58:23 +0530 https://www.taxtmi.com/forum/issue?id=115310