Work contract services

[Vaishno Shukla]

Sir, I am work contractor of elecrical, engineering, errection commission, installing service for hotels and hospitals. How gst is applicable on me and whether I received input tax credit or not ? Please guide.

[Himansu Sekhar]

Gst will be at 18%rate. Full ITC will be available

AI Summary

GST applicability for work contractors: tax applies and full input tax credit permitted for installation and erection services. Work contract services comprising electrical engineering, erection, commissioning and installation supplied to hotels and hospitals attract GST as taxable supplies, and full input tax credit is available on inward supplies used to provide these services, subject to general GST compliance and ITC conditions.