Gst on contractors

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Basavanna (Querist)
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20 September 2017 Sir we are the Electrical contractors we have Buy the Materials @ 28% But our Customers are asking 18% under Composition Scheme is it possible and how we can got Remaining 10%

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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20 September 2017 No such composition scheme is possible in GST. Charge 28% on material supply and 18% on services.

Dibin Divyakumar

Dibin Divyakumar (Expert)
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20 September 2017 Your actvity is taxable @ 18%, ie your (material + Labour), You can take input of material purchased and other input services, even if it's @28%, if net you have excess input credit, you can adjust in future months or go for refund.

RAJA P M

RAJA P M (Expert)
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20 September 2017 No.... You can't decrease any rate of tax based in GST. You ll give based only GST rates...

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