Gst on construction service

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SIJU VARGHESE (Querist)
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07 June 2017 Sir,
I have read in an article that, for Construction Service, the GST rate would be charged at 12% on total agreement value including land value and 18% on construction value excluding land value.

My doubt is,
1. whether a builder can pay tax @12% on total agreement value even if their agreements with customers shows the land value separately.
2. whether a builder can pay tax @12% on total agreement value even if their existing agreements with customers shows land value separately and paying service tax @ 6% under Works Contract Service.

Kindly reply.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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07 June 2017 1 Yes even the land value is known 12% gst can be paid including land value.
2 Here it is a works contract 18% tax applicable with input credit on including materials.

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SIJU VARGHESE

SIJU VARGHESE (Querist)
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07 June 2017 Thank you sir.

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