Menu
services to government
what is the rate of tax for government contract?
Replies (7)
Gst @ 12% for government work contract.
Yes it's 12%
can the credit on purchases related to the service can be availed?
if work is done by contractors on behalf of government then contractor will be eligible for input tax credit on material purchased in execution of contract.
Yes you can avail ITC
thanku
Most welcome.
Recent Topic
- EPF Withdrawal taxation
- While e filing otp not generating
- INCOME FROM CLOSING OF NSS -1992 -EXEMPT UNDER W
- GPF AND COMMUTED PENSION RECEIVED
- How do I choose the correct trademark class? Can I
- Error in totalling salary amount in AIS
- Client consent under DPDPA: Is client sharing PAN,
- TDS MISMATCH
- Rebate on other income even if LTCG is above my 12
- Need CA to certify shareholding pattern.
Related Topics
CAclubindia
