My client was dealing in works contract under DVAT.Now In GST Regime,He has to made a invoice in which he has added material cost of rs 25000 and labour of 10000.Now whats gonna be GST rate?.Is it 18% on Material plus labour or 12%on material and 18% on labour separtely.Advise
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Gst on works contract
Replies (3)
18 % on aggregate value.... unless governmental contract...
if engaged in work related to civil construction, then it'll be treated as work contract under get refer sec 2(119)
otherwise it'll be treated as composite supply.
otherwise it'll be treated as composite supply.
if engaged in civil construction then it'll be work contract under GST and it'll be treated as supply of services. rate of tax :18%
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