Gst on work contracts
Query (Issue) Started By: – Ravinder Gupta Dated:- 1-6-2017 Last Reply Date:- 20-7-2017 Goods and Services Tax – GST
Got 19 Replies
GST
Plz tell: what will be the rate of GST on work contracts? will it will be applicable on already ongoing works (started before GST)
Reply By Himansu Sha:
The Reply:
In my view the ongoing projects will be wcs.
Reply By Ganeshan Kalyani:
The Reply:
It is works contract service.
Reply By KASTURI SETHI:
The Reply:
New GST rate will be applicable on works contract services from the date of implementation of GST.
Reply By MUKUND THAKKAR:
The Reply:
if contract before GST kindly review the same, and make necessary changes in contract terns as per GST.
Reply By Himansu
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mmina Tammina:
The Reply:
What about contracts that are awarded pre-gst? The tender rates didnt imply gst in it. How is it the government wants to collect more tax when the tender was called pre-gst? And the quote didnt imply any gst implication
Reply By JAYACHANDRA KEERTHI:
The Reply:
Whether TDS is applicable for Works contract service in GST regime?
Reply By JAYACHANDRA KEERTHI:
The Reply:
Distination based tax will be charged or tax will be received where we recevied from order ? (i.e tax will be charged for Billed party or Ship't party)
Reply By Rudrayani Shedjale:
The Reply:
Previously Civil work contract services provided to Government Agency/Authority were exempted from serve tax. Now under GST is there such exemption?
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