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services to government

Sri Snigdha (Articles Assisstant) (498 Points)

09 June 2018

what is the rate of tax for government contract?

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7 Replies

Vinod Babu (24191 Points)
Replied 09 June 2018

Gst @ 12% for government work contract.

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Pankaj Rawat (GST Practitioner) (55047 Points)
Replied 09 June 2018

Yes it's 12%

Sri Snigdha (Articles Assisstant) (498 Points)
Replied 09 June 2018

can the credit on purchases related to the service can be availed?

Vinod Babu (24191 Points)
Replied 10 June 2018

if work is done by contractors on behalf of government then contractor will be eligible for input tax credit on material purchased in execution of contract.

Pankaj Rawat (GST Practitioner) (55047 Points)
Replied 10 June 2018

Yes you can avail ITC

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Sri Snigdha (Articles Assisstant) (498 Points)
Replied 10 June 2018

thanku

Vinod Babu (24191 Points)
Replied 10 June 2018

Most welcome.

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