Tag: works contract services
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Is GST on Works Contract Services increased to 18% on all Government Contract from 1st January, 2022? will it increase the anxiety of Contractor?
Overview: What is works contract service under GST? Section 2 sub Section (110) of CGST Act, 2017 defines Works contracts means a contract wherein transfer of property in goods is involved in the execution of such contract and includes contract for building, construction, fabrication, completion, erection, installation, fitting out, improvement, modification, repair, maintenance, renovation, alteration…
