Impact of GST on works contract

By |2021-10-07T12:35:04+00:00September 30th, 2021|Categories: GST|Tags: , , , , , , , |

A works contract is primarily a service contract with the possibility of item supply as part of the contract's execution. A works contract, by definition, is a formal agreement to do work or other obligations in exchange for money, such as construction, installation, modification, repairs, maintenance, or renovation of any immovable property. A subcontract for building [...]