Contractor quoting for Govt Works Contract

1. Search Case laws by Section / Act / Rule — now available beyond Income Tax. GST and Other Laws Available

2. New: “In Favour Of” filter added in Case Laws.

Try both these filters in Case Laws →

Contractor quoting for Govt Works Contract

X X X X Extracts X X X X

....ontractor quoting for Govt Works Contract Query (Issue) Started By: - MELVIN KOSHY Dated:- 24-8-2017 Last Reply Date:- 24-8-2017 Goods and Services Tax - GST Got 1 Reply GST Assume a Cont....

X X X X Extracts X X X X

....ractor who is quoting for a Govt. Dept Work. An illustration on arriving at final rate of an item by a Contractor for an item to be quoted in price bid is as follows BASIC PRICE (A) Subtract DI....

X X X X Extracts X X X X

....SCOUNT (B) Add TRANSPORTATION (C) Add PROFIT (D) Add GST at 18% on (A+B+C+D) = (E) TOTAL (F) = A+B+C+D+E Amount quoted by Contractor in price bid = F As we know, Govt. Dept will incur 12% t....

X X X X Extracts X X X X

....owards GST on Works Contract offered by the Contractor. Whether Contractor will add 12% to the above value (F) and put his quote in the price bid? Please give your thoughts Reply By KASTURI SETHI: ....

X X X X Extracts X X X X

....The Reply: No. Any tax cannot charged twice for same supply of goods or services. Discussion Forum - Knowledge Sharing ....

Contact Us At :

FAQs :

Most Asked Video Tutorials :

Submit Feedback/Suggestion :

Contractor quoting for Govt Works Contract