SAC/ HSN Code
This query is : Resolved
07 April 2021
Works Contract if provided to Government / govt bodies for infra work like road / canal/ dam / irrigation etc. will get classified under SAC Code 9954 and GST rate applicable will be 12%.
Now effective April 1, 2021 6 digit codes need to be submitted (if turnover has exceeded specified limit - assuming same) then if say road contract / airport contract works contract service provided then it will get classified under 995421.
So, whether GST rate will change i.e. 18% or it will be same as mentioned under 9954 i.e. 12%?
Now effective April 1, 2021 6 digit codes need to be submitted (if turnover has exceeded specified limit - assuming same) then if say road contract / airport contract works contract service provided then it will get classified under 995421.
So, whether GST rate will change i.e. 18% or it will be same as mentioned under 9954 i.e. 12%?
08 April 2021
GST rate will not change it will be 12% only.
Message likes :
1 times
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
- Query regarding applicability of UDIN on MCA forms signed using DSC by a Chartered Accountant
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Spice form, ? mark comes in address
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
