Hi. I am a residence/commercial Builder by profession. Currently, on the builder services (with material) I charge 6% service tax and 14.3% on 70% VAT from my clients in Punjab. My construction is for other people. I do not own any property on which I am doing construction.
How will this change under GST?
Now onwards you will be charging only 12% GST. ......No VAT or Service TAX.
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