works contract

Works contracts under GST

Goods and Services Tax - What is works contract? In simple words works contract is a contract of service which may also involve supply of goods in execution of the contract. With a service part of contract being basis, works contract is basically a composite supply of both services & goods.  The term Works Contracts has been defined in Section […]...

Read More

All about GST on Works Contract and Work Contact Tax Rate

Goods and Services Tax - Article explains What is works contract,? Works contract - Goods or services?, Block ITC on Procurement Of Works Contract services?, Maintenance of accounts by registered person executing works contract and GST Rates for Works Contract....

Read More

Government relieved Infrastructure Contractors retrospectively!!

Goods and Services Tax - All the Assessee/Contractor/Service Provider (Contractor) who entered into contract for construction, erection, commissioning, installation, completion, fitting out, repair, maintenance, renovation, or alteration of construction with Government, a local authority or a governmental authority (“Contractee”)prior to the issue of this not...

Read More

Critical Analysis of Inter-State Works Contract

Goods and Services Tax - After amendment to the constitution by inserting Article 366(29A) providing definition of the term “taxes on sale or purchase of goods” to include deemed sales, States were empowered to levy tax on sale or purchase of goods involved in execution of works contracts. However, the power of States to levy tax on deemed sales including wor...

Read More
Sorry No Post Found
Sorry No Post Found
Sorry No Post Found

Recent Posts in "works contract"

Works contracts under GST

What is works contract? In simple words works contract is a contract of service which may also involve supply of goods in execution of the contract. With a service part of contract being basis, works contract is basically a composite supply of both services & goods.  The term Works Contracts has been defined in Section […]...

Read More

All about GST on Works Contract and Work Contact Tax Rate

Article explains What is works contract,? Works contract - Goods or services?, Block ITC on Procurement Of Works Contract services?, Maintenance of accounts by registered person executing works contract and GST Rates for Works Contract....

Read More

Government relieved Infrastructure Contractors retrospectively!!

All the Assessee/Contractor/Service Provider (Contractor) who entered into contract for construction, erection, commissioning, installation, completion, fitting out, repair, maintenance, renovation, or alteration of construction with Government, a local authority or a governmental authority (“Contractee”)prior to the issue of this not...

Read More

Critical Analysis of Inter-State Works Contract

After amendment to the constitution by inserting Article 366(29A) providing definition of the term “taxes on sale or purchase of goods” to include deemed sales, States were empowered to levy tax on sale or purchase of goods involved in execution of works contracts. However, the power of States to levy tax on deemed sales including wor...

Read More

Browse All Categories

CA, CS, CMA (3,856)
Company Law (4,045)
Custom Duty (7,065)
DGFT (3,758)
Excise Duty (4,159)
Fema / RBI (3,519)
Finance (3,731)
Income Tax (28,050)
SEBI (2,946)
Service Tax (3,400)

Search Posts by Date

October 2018
M T W T F S S
« Sep    
1234567
891011121314
15161718192021
22232425262728
293031