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GST for individual house construction

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..... GST for individual house construction
Query (Issue) Started By: - Preeti Preeti Dated:- 9-4-2018 Last Reply Date:- 13-5-2018 Goods and Services Tax - GST
Got 2 Replies
GST
I have to const .....

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..... ruct 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 for, and should I .....

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..... 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 terms of Sl.No. (v) ( .....

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..... 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 Tax (Rate) dated 21.09.2 .....

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..... 017, 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 will be 18% as the contractor doe .....

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..... s 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 contract is for labour supply only, .....

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..... then it is exempt supply. if the contractor purchases the materials, he can take ITC claim.
Discussion Forum - Knowledge Sharing .....

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