2020 (8) TMI 519

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....ect at Thodupuzha. Even though it was single tender, for execution purpose, it has been split up into three orders viz (i) Design and Engineering (ii) Supply of materials under sale in transit and (iii) Erection and installation of goods. As on the date of implementation of the Goods and Services Tax, almost 70% of the work was over and a large quantity of mechanical, electrical raw materials and other parts of the project was lying at the worksite. 2. The majority of the items were supplied by vendors who were in the exempted sectors and there was no cenvatable excise invoices. Even in respect of items procured from branded manufacturers, the materials were supplied on different dates right from commencement of the project work in Decembe....

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.... they were struggling to complete the transition formalities, accounting etc and the aspect of claiming ITC on the inputs lying in stock as on 01.07.2017 was omitted as most of the inputs in stock was supplied by vendors in exempted sector and hence cenvatable invoice was not available and in cases where it was procured from branded manufacturers the materials were supplied beyond the time limit of one year and hence no ITC could be claimed. 5. Since, no credit on the goods I inputs lying in stock as on 01.07.2017 was availed by them by filing the prescribed TRAN-1 Declaration they are not required to pass on any benefit of ITC to the client on that count. In respect of the inputs procured after the corning into force of GST they have avai....