Rate of tax on construction work contract

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

08 December 2017 Dear Experts,
I do provide construction services (work contract inclusive material?
In this contract I do use raw materials like irons 18% GST, cement 28% GST, sand 5% GST, pls let me know how much % GST will be levied on contract amount which is inclusive materials & labour,

Also let me know when I have to pay tax in case of work contract inclusive materials,

Thanks & Regards
Vivek Rana

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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08 December 2017 18% GST applicable on such construction contract ITC can be claimed on inputs like material purchase. GST payable on monthly invoice raised.

Querist : Anonymous

Querist : Anonymous (Querist)

08 December 2017 Sir we don't raised the invoice monthly because the contract will be completed in 2-3 years, however the payment we get on the valuation of our work done by contractor, so in such scenario when we will pay tax

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