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<h1>West Bengal Issues Guidelines on GST Impact for Contracts; Specifies Tax Treatments and Reporting Protocols for Pre and Post-GST Agreements.</h1> The Government of West Bengal issued guidelines for handling contracts affected by the introduction of GST from July 1, 2017. For pre-GST contracts, VAT and Service Tax apply based on the timing of supply and invoicing, while post-GST contracts require WBGST and CGST. The guidelines specify tax treatments for goods, services, and works contracts, ensuring that the total billed amount under GST does not exceed pre-GST values. Post-GST, 'works contracts' are limited to immovable property, with 'composite supply' defined for moveable property. No TDS under GST is required until further notice. Difficulties in implementation should be reported to the Finance Department.