Question ID :
41099
Works Contract
A firm has got contract from a Private Bank for Installations of Tubewell in Schools. Every thing has to be done by contractor like purchase of Material, dwelling of borewell, labor etc. Is it come under Works Contract. If Yes What GST rate would be charged by contractor ??
Posted by
Harish Kumar
on
Jul 15, 2021
Filed Under
GST
yes. It is works contract. Rate of GST shall be 18%.
Posted by
CA. JHA SHANKAR KUMAR on
Jul 16, 2021
Answer ID :
81194
yes, it is a works contract & GST rate is 18%
Posted by
CA. SATISH CHAND GARG on
Jul 16, 2021
Answer ID :
81253
of the value of the works contract) provided to the Central Government, State Government, Union territory, local authority, a Governmental Authority or a Government Entity only attracts 5% GST and where recipient is a private entity, rate will be 18%
Posted by
Hari Beldona on
Aug 25, 2021