Question ID :
35830
Input tax credit
If a contractor is doing construction as well as provides repair and maintenance services, is he eligible to take input tax credit on material purchased for providing such services?
Thanks in advance!
Posted by
Mith Jain
on
Oct 04, 2018
Filed Under
GST
Yes, contractor is eligible for input tax credit. Restriction under section 17(5)(c) and (d) does not apply to contractor. Only input tax credit overflow restriction applies to contractor (ref 15/2017-CT(R) dt. Jun 28, 2017).
Posted by
CA. JATIN CHRISTOPHER A on
Oct 10, 2018
Answer ID :
76035
yes, input credit is availbale.
Posted by
CA. SATISH CHAND GARG on
Dec 04, 2018
Answer ID :
76353
Yes.
Posted by
CA. JHA SHANKAR KUMAR on
Mar 07, 2019