Common Contracts
1 similar null contracts
ContractMarch 4th, 2024
Applicant had entered into two major contracts with Larson and Toubro Limited (L&T), ie, one is an EPC contract for constructing runway and another is a BOQ based contract for constructing a Passenger Terminal Building [PTB] in the airport. Whether on the facts and circumstances of the transactions of the applicant, and the provisions of the GST Law relating to input tax credit, are there any ineligible credits that the applicant has taken in respect of certain supplies e.g. Earth work in relation to runway and PTB etc , which needs to be reversed. HELD The applicant is not eligible for the input tax credit in respect of the tax paid on the supplies of goods / services received by them
