Input Tax Credit
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....nput Tax Credit<br> Query (Issue) Started By: - YUWRAJ KOTHARI Dated:- 30-12-2019 Last Reply Date:- 30-12-2019 Goods and Services Tax - GST<br>Got 1 Reply<br>GST<br>In case of construction contractor ....
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....doing labour job and charging 18% GST requires to purchase crane for material handling in high rise bldg,so also scaffolding material and hardware material like nails, bindingwire etc. Can he claim IT....
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....C on such input.Pl enlighten and Thanks in advance. Reply By Rajagopalan Ranganathan: The Reply: Sir, According to Section 17 (5) (c) of CGST Act, 2017 input tax credit shall not be available in re....
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....spect of works contract services when supplied for construction of an immovable property (other than plant and machinery) except where it is an input service for further supply of works contract servi....
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....ce. Therefore you are not eligible to avail ITC on purchase of crane for material handling in high rise bldg,and also on scaffolding material and hardware material like nails, bindingwire etc.<br> Dis....
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....cussion Forum - Knowledge Sharing ....
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