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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.
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