IS GST COMPOSITION SCHEME NOW APPLICABLE FOR CONTRACTOR?
This query is : Resolved
28 February 2020
MY CLIENT GIVES ELECTRICAL SERVICE BY CONTRACT. NOW HE WANT A GST REGISTRATION. SO , MY QUESTION IS , IS GST COMPOSITION SCHEME NOW APPLICABLE FOR CONTRACTOR SERVICES? IF YES , THEN HOW MANY % GST WILL APPLY FOR HIM? PLEASE HELP ME.
28 February 2020
Composition scheme is not available to works contractors as it is treated as service as per Para 6 (a) of Schedule II to the CGST Act, 2017 under GST
GST Rate is 6% and the turnover limit is Rs 50 Lakhs
GST Rate is 6% and the turnover limit is Rs 50 Lakhs
28 February 2020
Please read " now " in place of not above
28 February 2020
Composition scheme is now available to works contractors as it is treated as service as per Para 6 (a) of Schedule II to the CGST Act, 2017 under GST GST Rate is 6% and the turnover limit is Rs 50 Lakhs
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Off Market debit and credit transaction
- Reporting Income under Section 44ADA
- Itr 1 processing
- ITR 2 Short Term gain & Long term gain
- Showing Gift from relative in ITR for this year
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR returnFY25-26
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- ITR validation error - Balance sheet is not filled
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
