construction GST taxation
Murali (Accountant) (26 Points)
29 May 2017
Construction Company Eligible for Input Tax Credit and what is output tax rate in construction company ?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 30 May 2017
GST @ 12% with Full ITC. (for Construction Industry)
A R anwar deen
(accountant)
(45 Points)
Replied 10 June 2017
Sir
Please instructme how to calculate output under GST regime, in VAT we are calculating out put vat on (purchases + 10% profit margin) i.e as Deemed sales.
Now GST how can we calculate out put GST
Thanks in advance
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