{"id":70242,"date":"2024-10-18T09:14:21","date_gmt":"2024-10-18T03:44:21","guid":{"rendered":""},"modified":"2024-10-18T09:14:21","modified_gmt":"2024-10-18T03:44:21","slug":"classifying-supply-as-works-contract-eligibility-for-input-tax-credit-on-materials-labor-installation-overheads-under-contract-execution-modes","status":"publish","type":"post","link":"https:\/\/goodsandservicetax.in\/GST\/?p=70242","title":{"rendered":"Classifying supply as works contract. Eligibility for input tax credit on materials, labor, installation, overheads under contract execution modes."},"content":{"rendered":"<p>Classifying supply as works contract. Eligibility for input tax credit on materials, labor, installation, overheads under contract execution modes.<br \/>Case-Laws<br \/>GST<br \/>Supply classified as works contract u\/s 2(119) of CGST Act. Applicant executes deposit works on behalf of consumers\/agencies under two modes. In second mode, applicant eligible for input tax credit on materials, labor, installation, and overheads as per Section 16, not blocked u\/s 17(5). Ownership vests with applicant after con<\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p align=\"center\"><strong>Plain text (Extract) only<\/strong><BR>For full text:-<a href=\"https:\/\/www.taxtmi.com\/highlights?id=82372\">Visit the Source <\/a><\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n","protected":false},"excerpt":{"rendered":"<p> Case-Laws &#8211; GST &#8211; Highlights &#8211; Supply classified as works contract u\/s 2(119) of CGST Act. Applicant executes deposit works on behalf of consumers\/agencies under two modes. In second mode, applicant eligible for input tax credit on materials, labor, inst<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-70242","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/70242","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=70242"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/70242\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=70242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=70242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=70242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}