dear
my client business is complete construction of building civil contract works, what is GST rate and GST input available Or not
3 Replies
Akshay Badala
(43 Points)
Replied 05 September 2021
As your client is providing works contract services so he can avail input tax credit
CA Altamush Zafar
(GST Consultant)
(15976 Points)
Replied 05 September 2021
Assuming you are providing construction of apartments and buildings where you charge before the completion of the building then the effective rate is 1% in case of affordable residential apartment else it is 5 % without ITC.
For commercial it is 18% with ITC.
For works contract the rates are different depending on the nature of Works contract and to whom it is being supplied
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