My Client is in work contract to build a building, where all the Goods are being provided by Contractee.
1) What shall be the GST rate to be charged ?
2)Now bills are not against his GSTIN so he will not be able to claim credit. if yes, how can he.
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Work Contract
Replies (4)
Since all the goods are being provided by the contractee it would not qualify as a works contract as there is no transfer of property involved..The GST Rate shall further depend upon exact nature of activity done by your client...
In case the contractee is building the immovable property for hjmself the credit of goods as well as services shall not be allowed as per sec 17(5) of the Act.
@ Sush*t.,
First of above said way is not under "Works Contract". Bcoz, it's only pure Labour... Also it's treat as Labour then the rate of Tax is 18%...
2. The bills are not against his GSTIN then no need any liabilities to the contractor....
First of above said way is not under "Works Contract". Bcoz, it's only pure Labour... Also it's treat as Labour then the rate of Tax is 18%...
2. The bills are not against his GSTIN then no need any liabilities to the contractor....
thanks
You are Most welcome Dear...
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