Works Contract, Goods and Services Tax - GST

[Augustine Pagare]

Hello

Innovative Interiors is my Interior Designing and Contracting firm. I would like to know that as i fall in Services, still can i raise Supply of goods Tax Invoce and Labour charges, professional charges ( Designing fees ) seperately????

As off now as per my knowledge providing and fixing which comes under services ( works contract ) where my client can't availe ITV ( Input Tax Credit for srvices . )

Posts / Replies

[Vamsi Krishna]

Hi

If your labour charges & professional charges are also part of work or towards interior works which is your principal supply, you can raise single invoice ( can bifurcate), but tax shall be @ 18% as it is works contract service.

With regards to availment of ITC by your customer, rules of ITC (furtherance of businees) to be complied.