Sir, Kindly help me in this regards. As per the tender process of the works, the contractor has purchase tender paper from this office, before GSt, they will give 5% vat on the papaer cost. NOw as per the GST rule what is the rate of the GSt on the cost of the tender paper.
GST rate uncertainty for tender paper leads to differing practices and conservative adoption of higher rate. Dispute concerns the applicable GST rate on procurement of tender papers sold by an office to contractors: formerly subject to 5% VAT, the correct GST classification and rate is unsettled, with divergent views reported and some practitioners adopting the higher available GST rate as a conservative compliance measure to avoid future conflict. (AI Summary)