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Impact of GST on contractors
Person is contractor who makes roads. Pls tell impact of gst. Whether registration is required,??
Replies (7)
yes GST at 18% with itc
Sir pls tell where i can read about this
a contractor makes a roads,bridges,tunnel etc for General public utilities those works contracts services are exempt from gst also
No. Earlier in service tax exemption was there. But Now in GST this will also be taxable..
@ 18% and contractors also cannot opt for composition scheme
Pradeep kumar refer this link
/articles/impact-of-gst-on-works-contract--30199.asp?utm_source=newsletter&utm_content=article&utm_medium=email&utm_campaign=nl_hg3_24_2017
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