Sir.My client is in construction business and he is currently planning for taking labour contract for repair /renovation and construction for residential building owned by a single owner and single unit. will it be taxable ? or can i claim exemption
Pure Labour Contract
VIGNESH
GST Exemption Only for Original Construction Work on Single Residential Units, Not Repairs or Renovations A client in the construction business is considering a labor contract for repair, renovation, and construction of a single residential building. They inquired about the Goods and Services Tax (GST) implications and potential exemptions. One participant noted that pure labor contracts for a single residential unit are exempt from GST. Another clarified that this exemption applies only to original works, not repairs or renovations. The consensus was that only original construction work qualifies for the exemption, and the specific details of the contract must be reviewed to determine tax liability. (AI Summary)
TaxTMI
TaxTMI