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IS GST COMPOSITION SCHEME NOW APPLICABLE FOR CONTRACTOR?

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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

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




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