How much input credit can we claim? Plywood and other materials are rising to 28%.

We run an interior design firm and we take care of execution as well. As most projects are works contracts, what rate do we charge clients at? Also, since plywood and other materials are rising to 28%, How much input credit can we claim?

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3 Answer(s)

18%tax rate and input avail on goods.

Answered on June 20, 2017.
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Will it come under definition of works contract. Pls check the definition.

Answered on July 6, 2017.
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If the goods are movable it is not a works contract.

Answered on July 6, 2017.
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Your Answer

Gen GST