composite tax rate for gst infrastructure project
This query is : Resolved
Kiran M.Purani
(Querist)
11 August 2017
What is the composite tax rate for GST Infrastructure project.
Anil Ahuja
(Expert)
11 August 2017
infrastructure in the sense? construction
Kiran M.Purani
(Querist)
11 August 2017
No for railway project
CA R SEETHARAMAN
(Expert)
11 August 2017
12% GST applicable as railway project is a Govt project.
Message likes :
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Anil Ahuja
(Expert)
11 August 2017
Yes, As Seetharaman sir said, 12% for contracts done for govt. with full itc
CA. Vinodh Kothari
(Expert)
11 August 2017
Composition Tax can be availed only by Trader, Manufacturers and Restaurants
Service providers cannot avail composition scheme.
Works contract related to Immovable property is a service. Hence composition scheme cannot be availed
Service providers cannot avail composition scheme.
Works contract related to Immovable property is a service. Hence composition scheme cannot be availed
Message likes :
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