i have given contact amount of 1 crore to contract shed building which I will capitalise in books
now am I liable to pay labour cess on contract
and is gst will be chargeable on labour cess?
please answer
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Labour cess on shed building
Replies (1)
-
Labour Cess: You are liable to ensure a 1% Labour Cess is paid on the construction cost of the shed.
-
GST on Cess: Yes, if the contractor includes the labour cess in their invoice, GST must be calculated on the total amount including that cess.
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