Composite supply
Query (Issue) Started By: – THYAGARAJAN KALYANASUNDARAM Dated:- 1-8-2017 Last Reply Date:- 1-8-2017 Goods and Services Tax – GST
Got 11 Replies
GST
Dear expert,
\nI would like know what is the rate of tax for contract under painting work. The paint is under 28% and the labour under 18%. Here which one is principal supply.
\nThanks in advance.
\nReply By Kishan Barai:
\nThe Reply:
\nPrincipal supply is paint for painting work, so 28% according to my view.
\nReply By Vamsi Krishna:
\nThe Reply:
\nGenerally for composite tax cases, principal rate of tax only applies.
\nIts better to enter works contract with the contractor where he will get paint and bill you. In such case 18% tax shall be levied.
\n(I hope the painting is<\/p>\n
= = = = = = = =<\/p>\n
Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n you are executing works for Immovable property it is termed as Works contract and 18% rate is applicable (Ref 2(119) for definition of works contract). = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" Composite supply Query (Issue) Started By: – THYAGARAJAN KALYANASUNDARAM Dated:- 1-8-2017 Last Reply Date:- 1-8-2017 Goods and Services Tax – GSTGot 11 RepliesGSTDear expert, I would like know what is the rate of tax for contract under painting work. The paint is under 28% and the labour under 18%. Here which one is principal supply. … Continue reading “Composite supply”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-6709","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/6709","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6709"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/6709\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\nIf you are not covered under the above definition, you will fall into composite supply under sec.8 where principal supply concept will come into picture.
\nUnder composite supply since supply is rated @ 28%, your further works on it may also be charged under 28%.
\nReply By KASTURI SETHI:
\nThe Reply:
\nSh. Vamsi Krishna ji,
\n Thanks for throwing more light on the issue.
\nReply By Vamsi Krishna:
\nThe Reply:
\nIts pleasure to be part of forum having experts.. welcome sir..
\nReply By THYAGARAJAN KALYANASUNDARAM:
\nThe Reply:
\nDear expert,
\nThanks a lot for your valuable instant reply and support sir<\/p>\n
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