A Gst registered workcontractor dealer purchase of goods iron and cements sales two types
1.dealer purchase of goods iron and cements after used to workcontract purpose
2.dealer purchase of goods iron and cements after sales to b2b registered dealers purpose used.
question:
dealer above two types of transaction workcontract or composite supply treatment in gst act
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Workcontractor or composite supply treatment
Replies (2)
Its not composite supply, as works contract is considered as supply of SERVICE, while the dealing of goods as stated above comes under supply of GOODS. You should register both the businesses separately under different verticals.
1. supply of services.
2. supply of goods.
Note: Raise separate bill for each.
2. supply of goods.
Note: Raise separate bill for each.
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