Contract works hsn code
Sl No. Heading (HSN Code) Description of Service: Effective tax rate (percent.) 1: Heading 9954 (Construction services) Composite supply of specified works contracts supplied to the Government, local authority or Governmental authority (e.g. canal, dam or other irrigation works, water pipeline, water treatment plant, sewerage treatment plant etc.) It is clear from the above that if main contractor is awarded works contract for construction of canal, dam, irrigation works, pipeline etc (covers everything mentioned in clause (iii) or (vi)), only then Sub contractor comes under the slab rate of 12% and for others works sub-contractors have to pay 18% HSN Code. Product Description. Import Data. Export Data. 8538. Parts suitable for use solely or principally with the apparatus of headings 8535, 8536 or 8537. If it is a material then HSN code of that material will be used for this works contract, But if it is a service then SAC code of that service is used for that works contract. Hence taxability of works contract is the way to decide HSN/SAC code for Works contract. It may differ case to case basis. Do you need to use SAC/HSN code:- Services provided by way of pure labour contracts of construction, erection, commissioning, installation, completion, fitting out, repair, maintenance, renovation, or alteration of a civil structure or any other original works pertaining to the beneficiary-led individual house construction or enhancement under the Housing for All (Urban) Mission or Pradhan Mantri Awas Yojana.
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Search HSN code for work contract in India. Find work contract HS code 2017 in India Sl No. Heading (HSN Code) Description of Service: Effective tax rate (percent.) 1: Heading 9954 (Construction services) Composite supply of specified works contracts supplied to the Government, local authority or Governmental authority (e.g. canal, dam or other irrigation works, water pipeline, water treatment plant, sewerage treatment plant etc.) It is clear from the above that if main contractor is awarded works contract for construction of canal, dam, irrigation works, pipeline etc (covers everything mentioned in clause (iii) or (vi)), only then Sub contractor comes under the slab rate of 12% and for others works sub-contractors have to pay 18% HSN Code. Product Description. Import Data. Export Data. 8538. Parts suitable for use solely or principally with the apparatus of headings 8535, 8536 or 8537.
Search or Download Complete List of HSN Codes for GST Enrolment. Find section and chapter number. List is 00440410, WORKS CONTRACT SERVICE �
As works contract is defined under services there will be SAC code (Service Accounting Code) bot HSN Code, HSN is given for goods and commodities in physical form. Therefore the GST rate for works contract is 18% and SAC code 9954. Services provided by way of pure labour contracts of construction, erection, commissioning, installation, completion, fitting out, repair, maintenance, renovation, or alteration of a civil structure or any other original works pertaining to the beneficiary-led individual house construction or enhancement under the Housing for All (Urban) Mission or Pradhan Mantri Awas Yojana. HS Code Goods/Service discription SGST CGST IGST CESS Conditions; 9954: Services provided by way of pure labour contracts of construction, erection, commissioning, installation, completion, fitting out, repair, maintenance, renovation, or alteration of a civil structure or any other original works pertaining to the beneficiary-led individual house construction or enhancement under the Housing First of its not HSN Code. Services are under SAC codes Also Many more services like Works Contract or Sub Contract in industry. So, Ask with details Without details then You just got blank reply. Works contract Import Data. The works contract import trade sector contributes significantly to the overall GDP percentage of India. No wonder, the port is booming in this sector and at Seair, we better understand how to benefit you from this welcome opportunity. We comprehend the fact that majority of import firms in are active in sourcing distinct Search HSN code for work contract in India. Find work contract HS code 2017 in India
Services provided by way of pure labour contracts of construction, erection, commissioning, installation, completion, fitting out, repair, maintenance, renovation, or alteration of a civil structure or any other original works pertaining to the beneficiary-led individual house construction or enhancement under the Housing for All (Urban) Mission or Pradhan Mantri Awas Yojana.
Works contract Import Data. The works contract import trade sector contributes significantly to the overall GDP percentage of India. No wonder, the port is booming in this sector and at Seair, we better understand how to benefit you from this welcome opportunity. We comprehend the fact that majority of import firms in are active in sourcing distinct
Sl No. Heading (HSN Code) Description of Service: Effective tax rate (percent.) 1: Heading 9954 (Construction services) Composite supply of specified works contracts supplied to the Government, local authority or Governmental authority (e.g. canal, dam or other irrigation works, water pipeline, water treatment plant, sewerage treatment plant etc.)
HSN CODE AND CHAPTER NAME REQUIRE FOR THE FOLLOWING ITEM 1. GUNNY BAGS 2. WORKS CONTRACT. HARISHKUMAR: On 04 March 2017. Because the HSN code is applicable to only products. The SAC for Work Contracts is 9954. Here, the first two digits i.e. 99 are common for all the services and the� Seair Exim provides an updated SAC Code list i.e. used to categorize services under Group 99542, General construction services of civil engineering works 996211, Services provided for a fee/commission or contract basis on retail trade.
As works contract is defined under services there will be SAC code (Service Accounting Code) bot HSN Code, HSN is given for goods and commodities in physical form. Therefore the GST rate for works contract is 18% and SAC code 9954. Services provided by way of pure labour contracts of construction, erection, commissioning, installation, completion, fitting out, repair, maintenance, renovation, or alteration of a civil structure or any other original works pertaining to the beneficiary-led individual house construction or enhancement under the Housing for All (Urban) Mission or Pradhan Mantri Awas Yojana. HS Code Goods/Service discription SGST CGST IGST CESS Conditions; 9954: Services provided by way of pure labour contracts of construction, erection, commissioning, installation, completion, fitting out, repair, maintenance, renovation, or alteration of a civil structure or any other original works pertaining to the beneficiary-led individual house construction or enhancement under the Housing First of its not HSN Code. Services are under SAC codes Also Many more services like Works Contract or Sub Contract in industry. So, Ask with details Without details then You just got blank reply.