Composition scheme for work contractor

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Kkk
1204 Points Posted on 29 April 2021
is composition scheme is available to work contractor.if yes.then what is the rate of tax.....
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On 29 April 2021 at 14:23 Report
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This discussion clarifies the availability of the GST composition scheme for works contractors. While initially debated, it's confirmed that works contracts can indeed opt for the composition scheme. The applicable GST rate for this scheme is 6%, with the condition that Input Tax Credit (ITC) is not claimable.

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Chartered Accountant
24588 Points Posted on 29 April 2021
Composition scheme is not available to works contractors as it is treated as service under GST.
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On 29 April 2021 at 14:34
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Kkk
1204 Points Posted on 29 April 2021
And work contract attract to nil rated gst rate?
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On 29 April 2021 at 16:36
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Practice
1361 Points Posted on 30 April 2021
No it is taxable.
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On 30 April 2021 at 21:41
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In Practice
1951 Points Posted on 03 May 2021

Composition scheme can be availed for the works contract. Gst rate will be 6% without ITC. 

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On 03 May 2021 at 03:10

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