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Question ID : 41099

Works Contract

A firm has got contract from a Private Bank for Installations of Tubewell in Schools. Every thing has to be done by contractor like purchase of Material, dwelling of borewell, labor etc. Is it come under Works Contract. If Yes What GST rate would be charged by contractor ??

Posted by Harish Kumar on Jul 15, 2021

Filed Under GST

Answer ID : 81189

yes. It is works contract. Rate of GST shall be 18%.

Posted by CA. JHA SHANKAR KUMAR on Jul 16, 2021
Answer ID : 81194

yes, it is a works contract & GST rate is 18%

Posted by CA. SATISH CHAND GARG on Jul 16, 2021
Answer ID : 81253

of the value of the works contract) provided to the Central Government, State Government, Union territory, local authority, a Governmental Authority or a Government Entity only attracts 5% GST and where recipient is a private entity, rate will be 18%

Posted by Hari Beldona on Aug 25, 2021