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The dealer is a works contractor doing private building construction work. Whether he is liable to pay GST on the advances received from the contractee and can he claim ITC on the purchases made for the purpose of building construction?

The dealer is a works contractor doing private building construction work. Whether he is liable to pay GST on the advances received from the contractee and can he claim ITC on the purchases made for the purpose of building construction?

Reply— Yes, GST is payable on advance received in case of supply of service. ITC can be claimed by works contractor on the purchase of construction material.

 

Posted Date: Feb 16, 2021
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