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TMI Bloggst for small work contractorsX X X X Extracts X X X X X X X X Extracts X X X X ..... gst for small work contractors X X X X Extracts X X X X X X X X Extracts X X X X ..... etion , what are my tax laibilities, my materials include electrical panel , pumps , sanitary fiitings lights, electrical and so on i work for local bodies too i mean municipalities , besides private small contracts these contracts may be in different states Reply By ANITA BHADRA: The Reply: Dear Sir Your work will be considered as work contract and you need to register as a normal registere ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d person u/s 22 of GST Act .Since work contract is treated as service you can not opt for composition scheme Works contract is a mixture of goods and services but it is neither a composite supply nor a mixed supply as it has been defined as per Sec. 2(119) of CGST Act Schedule II ( Entry 6(a)) which states that such composite supplies which includes labour and material both shall be treated as a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... supply of services namely:-Works contract under S. 2(119)" Regards Reply By vikram bindra: The Reply: Thanks Anita ji for your reply , so thr is no need fr having multiple GST nos , right ? rate of tax 18% for private and 12% for govt contracts ? besides if i purchase a material from other state and have small contract in that particular state can i avail input credit , for example if i have ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... private contract of 1 lac in other state jammu and i purchase piping to be used in this for jammu , can i get input credit for this , in addition to this i will have to send some other material too from my parent state HP to jammu., my purchase is mostly interstate.
thanks n warm rgds X X X X Extracts X X X X X X X X Extracts X X X X
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