Hi
is there any impact for two wheeler cost ( Post GST Implement).
Kindly advice.
Kumar. D. K.
GST Impact - 2 Wheelers
KUMAR DURAI KRISHNA (40 Points)
07 June 2017
KUMAR DURAI KRISHNA (40 Points)
07 June 2017Hi
is there any impact for two wheeler cost ( Post GST Implement).
Kindly advice.
Kumar. D. K.
Shivam Chomal
(498 Points)
Replied 07 June 2017
@ Dhirajlal Rambhia sir,please guide me about the taxability of EPC conracts under GST?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(174888 Points)
Replied 07 June 2017
| Originally posted by : Shivam Chomal | ||
| please guide me about the taxability of EPC conracts under GST? | ||
It will be too early to comment anything on the subject, when much clarification is required from government about interstate combined projects, taxation of in-trasit sale models etc. But, as a whole, it should not fall just under works contract.
Shivam Chomal
(498 Points)
Replied 07 June 2017
@ Dhirajlal Rambhia sir, Yes sir. Also being more specific with EPC concerning me, my client has contract for solar power plants and inputs for the same is liable to 5% GST on the contrary works contract are liable to 18% GST.So,if treating EPC just as works contract will be loss for us.What advice can be given in such cases?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(174888 Points)
Replied 07 June 2017
Present scenario is for wait & watch. There would be many changes during implementation. Government would listen to genuine hurdles of the industry, specifically renewable power sector as that is the backbone of infrastructure...............
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