GST Rate for Government Contract 12% or 18% ?
1) Government Department or Local Authority( Grampanchayat,Nagar PanchaPanchayat Samiti,Zilha Parishad)
2) Government Entity and Government Authority
GST Rate for Government Contract 12% or 18% ?
1) Government Department or Local Authority( Grampanchayat,Nagar PanchaPanchayat Samiti,Zilha Parishad)
2) Government Entity and Government Authority
From 01/01/2022 works executed to Government entity and Government authority, previously which are falling in 12% GST rate are bring to 18% Rate.
From 18/07/2022 all Works Contract services provided to Government Departments, Local Authorities are also brought under 18% Rate.
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