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Govt work contract
Sir, Contractor have to pay 18 % gst on govt work contract or it will be automatically deducted by the Govt department
Replies (3)
Actually, it is to be paid by the contractor ... provided the contract is inclusive of all taxes.
Otherwise, it is to be charged extra over the contract bill, if terms of contract provide so.
Government will just deduct 2% TDS (as an when the provision applicable) on contract value (exceeding 2.50 lakhs) while releasing the payment.... which contractor can claim back under GST return.
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