https://www.taxtmi.com/forum/issue?id=112003 Works contracts are treated as taxable services under GST from implementation, raising operational issues including applicable tax rate, treatment of pre-GST ongoing contracts and transitional provisions, allocation of tax incidence and need to review contract terms. Critical compliance matters include determination of place of supply and point of taxation, potential application of the reverse charge mechanism, input tax credit treatment, applicability to government contracts, and ancillary obligations such as classification and withholding-like mechanisms. en-us Thu, 01 Jun 2017 19:59:41 +0530 Thu, 23 Jan 2025 15:55:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=112003 Works contracts are treated as taxable services under GST from implementation, raising operational issues including applicable tax rate, treatment of pre-GST ongoing contracts and transitional provisions, allocation of tax incidence and need to review contract terms. Critical compliance matters include determination of place of supply and point of taxation, potential application of the reverse charge mechanism, input tax credit treatment, applicability to government contracts, and ancillary obligations such as classification and withholding-like mechanisms. Discussion-Forum GST Thu, 01 Jun 2017 19:59:41 +0530 https://www.taxtmi.com/forum/issue?id=112003