If a electrical panel manufacturer takes a works contract for supply of material and errection work. How much he has to pay GST. His purcahses under 18% on rawmaterials. If he sale his product comes under 28% GST. Whether mfg. can claim full ITC on purchase or rawmaterial on their works contract invoice under 18%.
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Works contract
Replies (3)
yes he can easily take itc
Madam,
If a electrical panel manufacturer takes a works contract for supply of material and errection work. How much he has to pay GST
28% for raw material supply and balance works contract 18%? which is applicable
he has to pay 28% for material & 18% on service proovided. need to show both separately on the bill. otherwise charge 28% as mixed supply on total amount
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