Opinion: Refund in the case of inverted duty structure (IDS) arising in Works Contract Services covered under Para 6(a) of Schedule II is fully allowable and not blocked by Notification No. 15/2017 CT(R). The following could be the sample list of service providers who are eligible for a refund under inverted duty structure: 1. Contractors who are doing Govt. related construction, erection, commissioning, installation, completion, fitting out, repair, maintenance, renovation, or alteration of, a historical monument, archaeological site; canal, dam or other irrigation works; pipeline, conduit, or plant for (i) water supply (ii) water treatment, or (iii) sewerage treatment or disposal. 2. Contractors who are doing Govt related construction, erection, commissioning, installation, completion, fitting out, repair, maintenance, renovation, or alteration of a road, bridge, tunnel, or terminal for road transportation for use by the general public; original works pertaining to a scheme under Jawaharlal Nehru National Urban Renewal Mission or Rajiv Awaas Yojana or any other similar schemes, pollution control or effluent treatment plant, except located as a part of a factory; or a structure meant for funeral, burial or cremation of deceased. 3. who are doing construction, erection, commissioning, or installation of original works pertaining to railways, including monorail and metro; a single residential unit otherwise than as a part of a residential complex; low-cost houses, post-harvest storage infrastructure for agricultural produce including cold storage for such purposes; or mechanized food grain handling system, machinery or equipment for units processing agricultural produce as food stuff excluding alcoholic beverages. 4. Contractors who are doing Govt related construction, erection, commissioning, installation, completion, fitting out, repair, maintenance, renovation, or alteration of a civil structure or any other original works meant predominantly for use other than for commerce, industry, or any other business or profession, a structure meant predominantly for use as (i) an educational, (ii) a clinical, or (iii) an art or cultural establishment; or a residential complex predominantly meant for self-use or the use of their employees or other persons specified in paragraph 3 of the Schedule III of the Central Goods and Services Tax Act, 2017. 5. Composite supply of works contract, involving predominantly earthwork (that is, constituting more than 75 per cent. of the value of the works contract) provided to the Central Government, State Government, Union territory, local authority, a Governmental Authority or a Government Entity. 6. Composite supply of works contract and associated services, in respect of offshore works contract relating to oil and gas exploration and production (E&P) in the offshore area beyond 12 nautical miles from the nearest point of the appropriate baseline. 7. Composite supply of works contract provided by a sub-contractor to the main contractor providing services specified works to the Central Government, State Government, Union territory, a local authority, a Governmental Authority or a Government Entity which are chargeable at 12% GST. 8. Composite supply of works contract provided by a sub-contractor to the main contractor providing predominantly earthwork to the Central Government, State Government, Union territory, a local authority, a Governmental Authority, or a Government Entity.
Sir what will be the sac code if service provide to railway like site cleaning, maintenance, repair, earth works, boundry wall etc. under single work order.
Very good. I have a question. Under entry 11 (pure labour cntract) , suppose I construct one 4 storey building with 16 rooms building having single electric meter single water bill and under single person name in municipality record, will construction of such building will be assumed single residential unit and get exemption.
Sir at 35.45 there was a question related to Earth Work. The query has not been replied clearly. A contractor for govt irrigation project says he is building a earth dam by piling soil as a bund and it is more than 75% earth work hence paying 5% tax
Sir, I purchase on plot and given for construction to contractor to built independent single house carpet area 750 sqft in Non metropolitan city and cost 40 lakh. How much I am suppose to pay GST to contractor ?Please advise me sahab. thanks
Sir if there is a total bill aounted rs 2500000 and the payment is made in part . First payment is rs 500000 credited in bank account but the portal showed 700000 ( 2 lacs are on hold ) in which amount im liable to pay tax 5 or l . ( real faced case ) Also can i pay tax on taxable value or gross value because if i pay tax on gross value the department taxen it as a gross value hence double taxation takes place . Also now the rate in works contract is 18% but i have a client whose bill is -- and its date of invoice is before the notification and part payment is received. What rate is applicable . CMA waheed quadir thanks kindly answer
Thanks for sharing such valuable video...🙏🙏 Please clarify.. whether taxpayer rendering 18% GST of construction services, where he is eligible for ITC.. Also sales houses in affordable housing scheme where no ITC is available.. so how can he distinguished ITC already in his credit ledger while filing GSTR 3B..... So that no GST credit has been availed....?
For the first query, if that taxpayer is consumer then ITC is blocked u/s 17(5)(d) and if its the WC then available. For the 2nd query: Apply Rule 42 & 43.
I have one question sir I'm a beginner contractor started now as a contractor if I got cement invoice on my gst number and steel invoice on my gst number should I pay gst for govt or without bills amount will be deducted
Sir mai nagar palika me safai plesment labour ka karay karta hu .GST nil rented bharta hu mere bil me GST nahi milta hai kyo ki municipal me GST exempted hai safai Kary pe.lekin GST inspector bol Raha hai ki aap ko labour pe 18 present GST Dena hoga nahi to mai aap ka GST registration cancel Kar dunga mujhe margdarshan deve
Mere Ghar ka 3200 sqft ka home construction ke Kam me architect aur contractor (dono ek hi hai), wo mujhse GST charge nahi kar raha Hain, lekin Sara material GST bill me manga Raha Hain, mai sare material ke liye GST pay kar raha hu, kya mai input tax credit awail karne ke liye us se gst bill le sakta hu, Mera bhi gst registration hai,
Pure labour is exempt in case of single unit or beneficiary led individual houses Whereas The above exemption is not allowed if the supplier does contraction work as a whole, including labour or if such construction involves multiple units. Kindly highlight on this aspect whther pure labour services provided to rep is exempt
@@mmforyou thanks for immediate updates But your lectures are very much practical you not only teaching the student about theoretical aspect but also you providing the much practical aspects...
The vast majority of Civil contractors have not registered under GST as ITC is not available to a small time builder who does contract work for house work . So he recieves his payment as cash..and the government loses the gst! The builder in this case is not a promotor , meaning he does not own the land , and only constructs on the plot belonging to the end user. Please clarify if such a contractor can avail ITC?
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Opinion:
Refund in the case of inverted duty structure (IDS) arising in Works Contract Services covered under Para 6(a) of Schedule II is fully allowable and not blocked by Notification No. 15/2017 CT(R). The following could be the sample list of service providers who are eligible for a refund under inverted duty structure:
1. Contractors who are doing Govt. related construction, erection, commissioning, installation, completion, fitting out, repair, maintenance, renovation, or alteration of, a historical monument, archaeological site; canal, dam or other irrigation works; pipeline, conduit, or plant for (i) water supply (ii) water treatment, or (iii) sewerage treatment or disposal.
2. Contractors who are doing Govt related construction, erection, commissioning, installation, completion, fitting out, repair, maintenance, renovation, or alteration of a road, bridge, tunnel, or terminal for road transportation for use by the general public; original works pertaining to a scheme under Jawaharlal Nehru National Urban Renewal Mission or Rajiv Awaas Yojana or any other similar schemes, pollution control or effluent treatment plant, except located as a part of a factory; or a structure meant for funeral, burial or cremation of deceased.
3. who are doing construction, erection, commissioning, or installation of original works pertaining to railways, including monorail and metro; a single residential unit otherwise than as a part of a residential complex; low-cost houses, post-harvest storage infrastructure for agricultural produce including cold storage for such purposes; or mechanized food grain handling system, machinery or equipment for units processing agricultural produce as food stuff excluding alcoholic beverages.
4. Contractors who are doing Govt related construction, erection, commissioning, installation, completion, fitting out, repair, maintenance, renovation, or alteration of a civil structure or any other original works meant predominantly for use other than for commerce, industry, or any other business or profession, a structure meant predominantly for use as (i) an educational, (ii) a clinical, or (iii) an art or cultural establishment; or a residential complex predominantly meant for self-use or the use of their employees or other persons specified in paragraph 3 of the Schedule III of the Central Goods and Services Tax Act, 2017.
5. Composite supply of works contract, involving predominantly earthwork (that is, constituting more than 75 per cent. of the value of the works contract) provided to the Central Government, State Government, Union territory, local authority, a Governmental Authority or a Government Entity.
6. Composite supply of works contract and associated services, in respect of offshore works contract relating to oil and gas exploration and production (E&P) in the offshore area beyond 12 nautical miles from the nearest point of the appropriate baseline.
7. Composite supply of works contract provided by a sub-contractor to the main contractor providing services specified works to the Central Government, State Government, Union territory, a local authority, a Governmental Authority or a Government Entity which are chargeable at 12% GST.
8. Composite supply of works contract provided by a sub-contractor to the main contractor providing predominantly earthwork to the Central Government, State Government, Union territory, a local authority, a Governmental Authority, or a Government Entity.
Sir, as per the recent order by supreme court, input services should not be considered as part of IDS refunds, so is it valid in this case as well?
Thankyou very much sir, I understand the topic in a very lucid manner
@@akashraijain9 Yes. As per the formula provided in R.89(5), a refund will be available only in respect of "inputs".
Superb sir
Very nice explain of all construction and contract.
thanks a lot for explaining nicely
Thank you for your reply sir
Very nice
Very comprehensive!
Consider watching this: th-cam.com/video/gfr9RRfty44/w-d-xo.html.
Sir what will be the sac code if service provide to railway like site cleaning, maintenance, repair, earth works, boundry wall etc. under single work order.
Very good. I have a question. Under entry 11 (pure labour cntract) , suppose I construct one 4 storey building with 16 rooms building having single electric meter single water bill and under single person name in municipality record, will construction of such building will be assumed single residential unit and get exemption.
Sir metal road (sariya) buy kiya GST claim nahi aaya jab quarterly GST fill ki. Kya kare
Sir at 35.45 there was a question related to Earth Work. The query has not been replied clearly. A contractor for govt irrigation project says he is building a earth dam by piling soil as a bund and it is more than 75% earth work hence paying 5% tax
Mera gst construction nam pe hai... Vahi gst No pe enterprises ke material ko selling kar sakte hai kya
Is there any update ...kindly make video on latest update, if any, in this matter plz
What is HSN code for construction services?
Please reply
Sir Architecture & Design related services me kitna gst lagega ?
Sir, I purchase on plot and given for construction to contractor to built independent single house carpet area 750 sqft in Non metropolitan city and cost 40 lakh. How much I am suppose to pay GST to contractor ?Please advise me sahab. thanks
Sir ye Jo rate hai 5, 12, 18 kya 2023 mai bhi ye hi rate hai ya rate mai change hua hai , if yes to kya rate hai or kaise check karenge plz reply
Sir if there is a total bill aounted rs 2500000 and the payment is made in part . First payment is rs 500000 credited in bank account but the portal showed 700000 ( 2 lacs are on hold ) in which amount im liable to pay tax 5 or l . ( real faced case )
Also can i pay tax on taxable value or gross value because if i pay tax on gross value the department taxen it as a gross value hence double taxation takes place .
Also now the rate in works contract is 18% but i have a client whose bill is -- and its date of invoice is before the notification and part payment is received. What rate is applicable .
CMA waheed quadir thanks kindly answer
Thanks for sharing such valuable video...🙏🙏
Please clarify.. whether taxpayer rendering 18% GST of construction services, where he is eligible for ITC..
Also sales houses in affordable housing scheme where no ITC is available.. so how can he distinguished ITC already in his credit ledger while filing GSTR 3B..... So that no GST credit has been availed....?
For the first query, if that taxpayer is consumer then ITC is blocked u/s 17(5)(d) and if its the WC then available.
For the 2nd query: Apply Rule 42 & 43.
टांका निर्माण का कार्य watershed department मे चल रहा है कितना प्रति शत gst लगेगा
I have one question sir
I'm a beginner contractor started now as a contractor if I got cement invoice on my gst number and steel invoice on my gst number should I pay gst for govt or without bills amount will be deducted
Hire a ca
Educational building taxable amount of basic price +12% GST to payment to contractor .And contractor pay to goverment as GST .
Sir exemption wala point plz clear kijiye samaj nahi aaya
In the definition of WC, where there is requirement for a single price for Mat. & Labour?
Sch II
Sir balance sheet, trial balance aur gst ke comparison par ek detailed video banaye
will try.
Sir mai nagar palika me safai plesment labour ka karay karta hu .GST nil rented bharta hu mere bil me GST nahi milta hai kyo ki municipal me GST exempted hai safai Kary pe.lekin GST inspector bol Raha hai ki aap ko labour pe 18 present GST Dena hoga nahi to mai aap ka GST registration cancel Kar dunga mujhe margdarshan deve
Is sub contractor of sub contractor eligible for gst concessional rate in railway or not
th-cam.com/video/f5UGgeE9ask/w-d-xo.html
Can ITC be utilised by a works contractor while paying tax
Please reply to my above question.
i need this video translated into english or telugu
Mere Ghar ka 3200 sqft ka home construction ke Kam me architect aur contractor (dono ek hi hai), wo mujhse GST charge nahi kar raha Hain, lekin Sara material GST bill me manga Raha Hain, mai sare material ke liye GST pay kar raha hu, kya mai input tax credit awail karne ke liye us se gst bill le sakta hu, Mera bhi gst registration hai,
For Consultancy, WhatsApp at 8209947346
How to find HSN code for combined finished product after combination of various goods????
what is the product??
Dear respected sir is end se age ka vedio kese deke plz bataye
th-cam.com/video/f5UGgeE9ask/w-d-xo.html
nice video sir and thanks. One more clarification regarding what is the GST rate for Individual Household Toilets Contract amount received from NGO?
If the construction is covered under any specific scheme then that specific rate will apply else 18%.
@@mmforyou Thank you sir and i m unable to understand What is Specific Scheme meaning sir
@@jambukeshkandasamy1215 Schemes notified under N/N. 11/2017 - S.No. 3 clause (iii) to clause (xi).
@@mmforyou THANK YOU SIR
अगर पब्लिक वर्क डिपार्टमेंट किसी ठेकेदार को रोड बनाने का ठेका दे तो कौनसा टैक्स लगेगा
Itc nhi milti to kya Unregister purchase pr Rcm nhi Jama krna pdta
Plz reply
th-cam.com/video/skfEiNzXI-o/w-d-xo.html
Works contract gst kitana lagth h
18%
Pure labour is exempt in case of single unit or beneficiary led individual houses
Whereas The above exemption is not allowed if the supplier does contraction work as a whole, including labour or if such construction involves multiple units.
Kindly highlight on this aspect whther pure labour services provided to rep is exempt
If it satisfies the conditions of entry 10 then only it is exempt. WC is fully taxable.
@@mmforyou if it is pure labour service itself to multistorey building which has more then 50% affordable housing then.??
@@amijain8723 taxable
@@mmforyou thanks for immediate updates
But your lectures are very much practical you not only teaching the student about theoretical aspect but also you providing the much practical aspects...
Contract services 12%or 18%
The vast majority of Civil contractors have not registered under GST as ITC is not available to a small time builder who does contract work for house work . So he recieves his payment as cash..and the government loses the gst!
The builder in this case is not a promotor , meaning he does not own the land , and only constructs on the plot belonging to the end user.
Please clarify if such a contractor can avail ITC?
Sir this will resolve all your doubts: th-cam.com/video/f5UGgeE9ask/w-d-xo.html