N.KRISHNAMANI SHASTRY (ACCOUNT OFFICER) (58 Points)
04 April 2017SOIL TESTING,DESIGNING,ARCHTECTERS,VALUATIONS,DRWAING SUBMISSION,SUPERVISOREY
Sir,THE ABOVE ITEMS ARE COMING UNDER WORKS CONTRACT..NO MATERIALS WERE INVOLVED. SO PRESENTLY ONLY SERVICE TAX IS PAYING.. CORRECT..BUT WHAT ABOUT IN GST??WHETHER WE HAVE TO PAY BOTH.... IGST & SGST..TOTALLY IT WILL DOUBLE THE TAX% ????????
Rajesh Kumar
(Advocate- Tax)
(7806 Points)
Replied 04 April 2017
Yes. Under GST, both CGST and SGST is required to be paid on supply of services. Rates are likely to be 9% plus 9%. So for service providers it shall increase marginally from 15% to 18%. For goods supplier it shall reduce substantially.
hitesh
(proprietor)
(67 Points)
Replied 29 June 2017
Sir what is the GST Tax rate for Interior designers who come under works contract in current VAT Regime.
CAclubindia
