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GST rate Clarification for Single Residence work

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..... sir My Query is my client (Registered with GST)is doing contract work for Construction of Single Residence construction work with Material and labour (ie old house will be demolished and new single re .....

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..... sidence will be built) Query what will be GST rate either 5% or 18% and also any Inputtaxes can be claimed from registered suppliers like supply of sand, bricks, cement, and Electrical and Plumbing it .....

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..... ems etc . Experts advice Please - Reply By Shilpi Jain - The Reply = This person is not a promoter. He is like a works contractor. 18% would be applicable with ITC. - Reply By KASTURI SETHI - The Repl .....

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..... y = You have mentioned as Old house will be demolished. . Demolishing is a service under SAC 995431 . This aspect has to be taken care of. - Reply By Padmanathan KV - The Reply = The works contract wi .....

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..... ll be taxable at 18% and he shall be eligible for ITC. Ld Kasturi Ji, Won't the demolition be part of the composite supply, the predominant supply being works contract? - Reply By KASTURI SETHI - .....

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..... The Reply = Sh.Padmanathan Kollengode Ji, Yes. Demolition will be covered under composite supply. - GST rate Clarification for Single Residence work - Query Started By: - Thevarkonda Suresh Dated:- .....

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..... 5-8-2024 Last Replied Date:- 14-8-2024 Goods and Services Tax - GST - Got 4 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - tax .....

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..... managementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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