Impact Of Gst On Work Contract
KHYATI KELA
watch_later 2 years, 6 months ago
WE ARE TURNKEY CONTRACTOR EXECUTING DRINKING WATER SUPPLY CONTRACTS FOR STATE GOVERNMENTS. PROCUREMENT OF PIPES OF MORE THAN 100MM DIA FOR DRINKING WATER PROJECTS WAS EXCISE EXEMPT UNDER CENTRAL EXCISE NOTIFICATION NO 12/2012 CE DATED 17.03.12. WE HAD QUOTED OUR RATES FOR THE CONTRACTS CONSIDERING THIS PROVISION. AFTER IMPLEMENTATION OF GST W.E.F. 01.07.2017, WHAT WILL BE THE TAXATION SYSTEM OF PIPES.
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