GST Doubts Construction

Following are the doubts in GST which need to be clarified!

1.       What about the abatements which was available in earlier Indirect tax laws? Will it be brought under GST?

2.       What about new registration under GST for whom no registration under VAT/CST/Service tax was required? What is the limit within which they has to register?

3.       Whether all existing Exemptions carried forward and retained under GST? Is there any notification relating to this?

4.       For Construction of Service/Works contract, GST has been fixed at 12%/18% respectively and Full Input Tax Credit can be claimed. Does this mean there will be no abatements (like existing abatement of 60% for works contract) since ITC are claimable on all purchases/input services?

5.       Can we quote provisional GST number in July return?

6.       Mr. ‘X’ sells a land to a customer and a Construction company constructs building on the said land to the customer and collects the entire amount (Land + Construction) from customer and pays the land value to Mr.’X’ and construction cost is retained by the construction company.  On what value is the construction company liable to pay tax? Either on Construction costs alone or including land value also under GST?

7.       Any charges which is payable to government (without markup) paid to government by collecting from customer attract GST? Ex. Building registration and approval charges!


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Best Regards,

 ARUL V