Clarification on gst for turnkey project


Srikanth Sistla (Others)     10 August 2017

Srikanth Sistla
Others 
 36 points

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We are having a contract manufacturing agreement for paints with a producing firm and are taking some turnkey projects. we are regfistered under normal registered scheme and @ 28% gst slab. when we are taking the turnkey should we apply for composite scheme so that it covers both VAT & Service Tax. if we make the modifications to composite, what will be the effect on sales ? having this registrations, can we supply @ 28% for them  Please explain

Regards

Srikanth

 




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