We are into Works Contract . So our major expense is Labour charges. Previously we were deducting their TDS if crosses the limit. From Now onwards do we have to pay GST on the same? Please advise.
Menu
Gst on labour charges
Replies (3)
Yes, GST would be required to be paid @ 18 ........ forward charge if contractor is registered or under RCM if he is unregistered.
TDS under section 194C of IT act, would be liable to be deducted as and when applicable......
Thanks for the information but plese let me know is there limit of 20 lakhs? i.e. if we are paying more than 20lakhs to a single contractor then only we have to pay GST?
Limit of Rs.20 lacs is for the supplier of service. If his aggregate turnover of goods & services all over India under same PAN crosses this limit, he has to get registered under GST. Pl refer brochure on this:
https://www.cbec.gov.in/resources//htdocs-cbec/gst/regn-GST-onlineversion-07june2017.pdf
Recent Topics :
- Confusion in gst registration for service category
- Itc claimed from return defaulters
- Gst input credit
- CAN PARTNERSHIP FIRM SIGN SERVICE AGGREMENT WITH A
- E-waybill
- Sell of CAFC books
- ITC ON RENT
- GSTR-9 Table 8A Portal and Excel Issues
- IGST on Commercial Rental Income (Different State)
- Revocation of suo moto cancelled GST registration
Related Topics :
CAclubindia
