work contract under composition tax rate?

Work contractors cannot opt for composition scheme.

Salomi is right

Yes I agreed to Mr. Saloni....

Originally posted by : RAJA P M
	Yes I agreed to Mr. Saloni....

 

Raja Sir, Let her be she............ I too agree with HER........

 

Dear Dhirajlal Sir.,
It's big mistake I know. But, it's occurred in my mobile dictionary. I typed Ms. but it's taken Mr. 😂😂😂

no services can opt for composition except restaurant.

under composition work contract clause (b) of paragraph 6 of schedule II under rate of tax is 2.5%
6 is composite supply
a. work contract as defined in clause (119) of sec 2
as per sec 119 work contract is under composition,
work contract under composition tax rate 2.5% but not eligible claim input tax credit
sir please confirm.

Dear Jayaprakash Sir,

Composition scheme has permited for only small scale manufacturers and dealers those aggregate turnover less than 75 Lakhs and not for Service sector except Restaurant services.

GST Will be 18% for Works Contract Services (Construction Services) and ITC available.

under GST composition is for supply of goods. works contractor is a supplier of services under GST. so also restaurateur is supplier of services. no service supplier is eligible for composition except restaurateur.