Question ID :
39350
167287
Builder who has opted for the scheme of 1%/5% gst payment for the REP now got the another work for construction of residential bunglow on his customer plot only. what gst rate will be applicable to him on this work contract service. can he charged 12% beneficiary led individual house rate & claim ITC.
please guide me for the same
Posted by
NADIR D SHAIKH
on
Aug 16, 2019
Filed Under
GST
Pure Labour Contract for construction of original works pertaining to a single residential unit is exempted from GST under Sr. No 11 of Notification No 12/2017- Central Tax (Rate).
In the given scenarios, GST would be levied qua supply and hence the instant supply would be exempt from GST and associated inputs will not be eligible for ITC.
However, it is pertinent to note that the above mentioned exemption shall not be applicable for a Composite supply of work contract services involving transfer of goods.
Posted by
SACHIN AGARWAL on
Aug 19, 2019