I have taken Earth Work in Department they ask to pay GST 5% for that work and GST TDS 2% Deducted from Department balance 3% to be paid can i paid the amount through ITC Excess having from purchase bill from cement and iron rod bill got for other department works
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GST Rate for Earth Work - ITC can adjust for it
Replies (2)
You have to pay gst rate @ 5% provided 75% of the work is earth work.
If the value of work exceeds 2.5 lacz then it is 2%.
If the value of work exceeds 2.5 lacz then it is 2%.
Yes you can adjust that excess ITC AGT. your output tax
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