• Registered Users :
  • 161151
  • Current Active Users :
  • 102329

Your Answer

Question ID : 41100

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 : 81190

Yes. It is a works contract. GST shall be charged by the contractor @18%.

Posted by CA. JHA SHANKAR KUMAR on Jul 16, 2021
Answer ID : 81195

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

Posted by CA. SATISH CHAND GARG on Jul 16, 2021
Answer ID : 81273

works contract means contract involving supply of goods to execute the contract services supplied under works contract are taxed at 12/118%

Posted by Hari Beldona on Aug 29, 2021