Home Forum Goods and Services Tax - GST Month 4 2020 2020 (4) This
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Govt Civil Contracts - Goods and Services Tax - GSTExtract Dear Readers Greetings, What is the GST Taxable Amount And Tax Amount in the following case of Govt Civil Contractor? Say, Gross Amount (also tendered amount) for a project = 1,00,000/- including all taxes complete, alloted to the contractor by a govt Deptt. say PWD. (TDS@2%=2000/-,Labour-cess@1%=1000/- and income tax@2%=2000/-) total of 5000/- is deducted from the above Gross Amount by the govt departmentand remaining 95000/- is paid to the contractor. What is the tax amount?
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