IS GST COMPOSITION SCHEME NOW APPLICABLE FOR CONTRACTOR?
This query is : Resolved
28 February 2020
MY CLIENT GIVES ELECTRICAL SERVICE BY CONTRACT. NOW HE WANT A GST REGISTRATION. SO , MY QUESTION IS , IS GST COMPOSITION SCHEME NOW APPLICABLE FOR CONTRACTOR SERVICES? IF YES , THEN HOW MANY % GST WILL APPLY FOR HIM? PLEASE HELP ME.
28 February 2020
Composition scheme is not available to works contractors as it is treated as service as per Para 6 (a) of Schedule II to the CGST Act, 2017 under GST
GST Rate is 6% and the turnover limit is Rs 50 Lakhs
GST Rate is 6% and the turnover limit is Rs 50 Lakhs
28 February 2020
Please read " now " in place of not above
28 February 2020
Composition scheme is now available to works contractors as it is treated as service as per Para 6 (a) of Schedule II to the CGST Act, 2017 under GST GST Rate is 6% and the turnover limit is Rs 50 Lakhs
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Event company query
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
Trending Online Classes
CAclubindia
