Case Law Details
In re Srico Projects Private Limited (GST AAR Telangana)
M/s. Srico Projects Private Limited are executing works for State & Central Governmental authorities & Governmental entities. They are desirous of ascertaining the rate of tax on the works contract services rendered by them before 01.01.2022 & after 01.01.2022.
Some of the institutions to whom applicant render supply are Government entities i.e., local bodies, few are Government authorities, Endowments (Devasthanams) and Public Sectors Undertakings(PSUs).
a. The entry S.No 3(vi) of Notification No. 11/2017 covers the services i.e., works contract provided to the Central Government, State Government, Union Territory, a local authority, a Governmental Authority or a Government Entity upto 31.12.2021. The rate of tax applicable to this service is 6% CGST & SGST each.
b. Upto 31.12.2021 a ‘Governmental Authority’ or a ‘Government Entity’ is eligible for this concessional rate of 6% if the works contract is inturn entrusted to them by a Municipality under Article 243W or a panchayat under Article 243G or the Central Government or State Government.
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