what is Gst Rates on government contract 5 or 12
plz guide me
GSt Rates on government contract
RAVINDRA GANGADHAR DEVALE (TAX PRACTITIONER) (292 Points)
22 July 2021
4 Replies
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 23 July 2021
12% generally but in some cases it is 5%
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 23 July 2021
5% with ITC and 12% without ITC
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 24 July 2021
Where it is given Sourav, I already told you stop misguiding querist for sake of some points on caclub. Firstly understand query and then reply.
This rule applicable in case of RCM only.
This rule applicable in case of RCM only.
Rajendra Prasad
(Employee Private)
(1867 Points)
Replied 24 July 2021
Case to case GST rate will be vary.
1. 18% if enduse is predominantly for the purpose of Business or commerce or Industry.
2. 5% if there is 75% and above earth work in total work.
3. 12% for other than above
There is no any restriction on availing ITC other than Section 17(5).
you
you may also refer Notification No.11/2017 Central Tax - Rate and further amendments there on.
1. 18% if enduse is predominantly for the purpose of Business or commerce or Industry.
2. 5% if there is 75% and above earth work in total work.
3. 12% for other than above
There is no any restriction on availing ITC other than Section 17(5).
you
you may also refer Notification No.11/2017 Central Tax - Rate and further amendments there on.
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