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  • GST On Works Contract PDF

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    Sephali Abhangi
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    The document discusses when new Goods and Services Tax (GST) rates apply to ongoing construction works. Section 14 of the CGST Act, 2017 determines that new GST rates apply to supplies of goods or services where the invoice for such supply is issued on or after the effective date, even if the supply pertains to an ongoing contract.

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    GST ON WORKS CONTRACT.pdf

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    The document discusses when new Goods and Services Tax (GST) rates apply to ongoing construction works. Section 14 of the CGST Act, 2017 determines that new GST rates apply to supplies of goods or services where the invoice for such supply is issued on or after the effective date, even if the supply pertains to an ongoing contract.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    27 views1 page

    GST On Works Contract PDF

    Uploaded by

    Sephali Abhangi
    The document discusses when new Goods and Services Tax (GST) rates apply to ongoing construction works. Section 14 of the CGST Act, 2017 determines that new GST rates apply to supplies of goods or services where the invoice for such supply is issued on or after the effective date, even if the supply pertains to an ongoing contract.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Old rate v.

    New rates for ongoing works:


    The new rate is effective from 18.07.2022 thereby it is essential to arrive when the new rate would
    apply to the ongoing works. For this, the Section 14 of CGST Act, 2017 shall be resorted. The brief impact
    of the sec. 14 is tabulated below:

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