https://www.taxtmi.com/article/detailed?id=7690 Works contracts under GST are confined to contracts concerning immovable property where transfer of property in goods occurs during execution; such contracts are generally treated as services for GST, making the amount of materials used irrelevant and attracting service tax rates. Classification between works contract and supply-plus-installation depends on contract terms, nature of property and timing of title transfer, with movability tests and precedents informing whether components are immovable. Continuous supply status and subcontracting clauses affect invoicing obligations and potential liability. en-us Fri, 03 Nov 2017 09:53:40 +0530 Fri, 03 Nov 2017 09:53:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7690 Works contracts under GST are confined to contracts concerning immovable property where transfer of property in goods occurs during execution; such contracts are generally treated as services for GST, making the amount of materials used irrelevant and attracting service tax rates. Classification between works contract and supply-plus-installation depends on contract terms, nature of property and timing of title transfer, with movability tests and precedents informing whether components are immovable. Continuous supply status and subcontracting clauses affect invoicing obligations and potential liability. Articles Goods and Services Tax - GST Fri, 03 Nov 2017 09:53:40 +0530 https://www.taxtmi.com/article/detailed?id=7690