https://www.taxtmi.com/article/detailed?id=10118 ITC on works contract supplies is disallowed for construction of immovable property and other civil structures, but is permitted to the extent the supply pertains to erection of plant and machinery. Machine foundations, as part of plant and machinery fixed to earth by foundation or structural support, qualify for credit; buildings, other civil structures, and external pipelines do not. Where contractors supply both goods and services for construction, only the portion attributable to eligible plant and machinery foundation is creditable. en-us Sat, 18 Dec 2021 09:46:10 +0530 Sat, 18 Dec 2021 09:46:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10118 ITC on works contract supplies is disallowed for construction of immovable property and other civil structures, but is permitted to the extent the supply pertains to erection of plant and machinery. Machine foundations, as part of plant and machinery fixed to earth by foundation or structural support, qualify for credit; buildings, other civil structures, and external pipelines do not. Where contractors supply both goods and services for construction, only the portion attributable to eligible plant and machinery foundation is creditable. Articles Goods and Services Tax - GST Sat, 18 Dec 2021 09:46:10 +0530 https://www.taxtmi.com/article/detailed?id=10118