Search results
Mar 7, 2024 · 6808. 68080000. 18%. Articles of plaster or of compositions based on plaster; such as Boards, sheets, panels, tiles and similar articles, not ornamented. 6809. 68091100, 68091900, 68099000. 18%. Articles of cement, of concrete or of artificial stone, whether or not reinforced. 6810.
- Applicability of GST on Construction
- GST Rate and HSN Code For Construction Activities
- ITC Availability on GST Paid During Construction
GST is applicable to construction activities in India, whether it is private construction, commercial construction, or construction of flats/society. In other words, any property under construction which is intended for sale is considered a supply of service and, therefore, liable for GST. The ready-for-sale properties do not attract any GST. GST i...
GST rate and HSN code for different types of construction activities in India: *After reducing the 1/3rd towards land component from 1.5%, 7.5% and 18%. However, there are certain conditions that you need to fulfill to avail of the scheme. Read more.
As per section 17 (5), clauses (c) and (d) of the CGST Act, ITC is not available in the following cases - 1. If the expenses are incurred on work contract services for constructing an immovable property except expenses on input services for completing the supply of work contract services, such expenses are not eligible for ITC. 2. ITC cannot be cla...
Dec 23, 2022 · GST Rate for Iron and Steel. All iron and steel products are classified under chapter 72 of the HSN code and attract a uniform GST rate of 18%. Hence, iron blocks, wire, rolls, rods, etc. used in construction attract 18% GST. ( Full list of GST rate of iron and stee l).
Nov 28, 2023 · SAC/HSN Code Description GST Rate; 995411: Construction services for single or multi-dwelling residential buildings: 18%: 995412: Construction services for various residential structures like old age homes, homeless shelters, hostels, etc.
Jul 1, 2017 · Disclaimer:Rates given above are updated up to the GST (Rate) notification no. 05/2020 dated 16th October 2020 to the best of our information. We have sourced the HSN code information from the master codes published on the NIC's GST e-Invoice system.
Hsn CodeDescriptionRate (%)Effective Date6801SETTS, CURBSTONES AND FLAGSTONES, OF ...18%15/11/2017 - 1/07/201768010000SETTS, CURBSTONES AND FLAGSTONES, OF ...18%15/11/2017 - 1/07/20176802Ecaussine and other calcareous monumental ...5%01/07/20176802Statues, statuettes, pedestals; high or ...12%22/09/2017Jul 1, 2017 · Effective Date. Rate Revision. 6810. Articles Of Cement, Of Concrete Or Of Artificial Stone, Whether Or Not Reinforced - Tiles, Flagstones, Bricks And Similar Articles. 12/18. 0. 15/11/2017 1/07/2017. omitted from 28% 12% 18%. 681011.
People also ask
What is HSN code for construction & labour supply?
What is the GST rate for construction materials?
What is the SAC code for construction services in GST?
What is a 6 digit HSN code for construction service?
Oct 23, 2023 · The HSN code for construction and labour supply is 9954. ... there is GST on construction work with materials. The GST rate for construction work with materials is 18%.
