https://www.taxtmi.com/article/detailed?id=8229 Works contract, defined by Section 2(119) and treated as a composite supply of services under Schedule II, is classified by reference to immovability, permanence and indivisibility of the deliverable. Advance rulings hold that subcontracted government works may attract concessional notified rates when supplied to qualifying government authorities, whereas projects executed for commercial government schemes or by non-government entities attract the standard rate. Examples include pipeline networks, fixed car parking systems, solar EPC and turnkey contracts treated as works contract services; freight and transportation form part of the taxable value of the composite supply. en-us Fri, 02 Nov 2018 13:49:51 +0530 Fri, 02 Nov 2018 13:49:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8229 Works contract, defined by Section 2(119) and treated as a composite supply of services under Schedule II, is classified by reference to immovability, permanence and indivisibility of the deliverable. Advance rulings hold that subcontracted government works may attract concessional notified rates when supplied to qualifying government authorities, whereas projects executed for commercial government schemes or by non-government entities attract the standard rate. Examples include pipeline networks, fixed car parking systems, solar EPC and turnkey contracts treated as works contract services; freight and transportation form part of the taxable value of the composite supply. Articles Goods and Services Tax - GST Fri, 02 Nov 2018 13:49:51 +0530 https://www.taxtmi.com/article/detailed?id=8229