Impact of GST on Work Contracts

What is a work contract under GST: Taxability ITC, etc

What is a work contract under GST Taxability ITC

What is a Work Contract? Any work that is done for an “Immovable Property” is defined as a “Works Contract” under the new GST legislation, unlike the former VAT and Service Tax provisions, which included works contracts for “movable property.” It’s a type of service contract that involves the provision of commodities to carry out … Read more