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.

AI Summary

Electrical Contractor's Services Taxed at 18% GST, Full Input Tax Credit Eligible for Hotel and Hospital Projects. A work contractor specializing in electrical and engineering services for hotels and hospitals inquired about the applicability of the Goods and Services Tax (GST) and eligibility for input tax credit (ITC). The response clarified that the GST rate applicable to such services is 18%, and the contractor is eligible to receive full input tax credit.