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%?
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