TMI BlogGST for individual house constructionX X X X Extracts X X X X X X X X Extracts X X X X ..... I have to construct residential house in my plot, I am hiering an construction company( architectural plan +materials+construction) Can anybody clarify about for what and all should I pay the GST fo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r, and should I pay the double times GST to the construction company for materials as they would have already paid while purchasing from shop... - Reply By Alkesh Jani - The Reply = Sir/Madam, in t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... erms of Sl.No. (v) (b) of Notification No. 11/2017-Central Tax (Rate) dated 28.06.2017 as amended by Notification No. 20/2017-Central Tax (Rate) dated 22.08.2017 notification no.24/2017-Central ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Tax (Rate) dated 21.09.2017 , 12 % GST (i.e. 6% CGST + 6% SGST) is applicable. Our experts are requested to correct me if mistaken. - Reply By kollengode venkitaraman - The Reply = the tax rate wi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ll be 18% as the contractor does not include land cost in the contract value. therefore 1/3 abatement for land will not be allowed. in case you are purchasing and supplying all materials and the contr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... act is for labour supply only, then it is exempt supply. if the contractor purchases the materials, he can take ITC claim. - GST for individual house construction - Query Started By: - Preeti Preeti ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Dated:- 9-4-2018 Goods and Services Tax - GST - Got 2 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - tax ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... management - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|