Gst for builders

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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?

Replies (7)

Now onwards you will be charging only 12% GST. ......No VAT or Service TAX.

Thanks for your reply.

Welcome....

Also, input tax credit would be applicable for each and every related purchase?
yes we can claim input tax credit
but till now input tax in VAT on work in progress i
I don't know how they adjust the VAT on Work in progress


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