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Computation of work contract

Others 507 views 4 replies

AS MOST OF THE LAW, REGARDING WORK CONTRACT ARE COPIED FROM EXCISE.
NOW WANT TO KNOW THE SUBJECTS & COMPUTATION RELATES TO WORK CONTRACT.

Replies (4)

Now no computation is needed. It is irrelevant if inputs are goods or services or both. It is irrelevant if output is goods or services or both. A tax has be paid on transaction amount both to Centre (CGST) and state (SGST or IGST).

Thanks for such a quick Feedback sir.
Dear Rajesh Sir, How much time bound for reconciliation of mismatch
works contractor how will calculate sir means as per invoice value or bank transction value


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