Tag: GST

Mumbai: Govt to draw 18% GST on work contract services from Jan 2022

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Mumbai: Govt to draw 18% GST on work contract services from Jan 2022

The government has issued a notification on November 18 that government authorities will draw 18% GST on work contract services from January 2022. The rise will directly revise the cost of major infrastructure projects and is likely to create a dispute between contractors and the government over the payment of bills as per the revised increased rates. The government has issued a notification on November 18 that government authorities will draw 18% GST on work contract services from January 2022. The rise will directly revise the cost of major infrastructure…

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18% GST on treated sewage water for industrial use

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18% GST on treated sewage water for industrial use

The Maharashtra Authority of Advance Rulings has said purified or treated sewage water for industrial use will be charged goods and service tax at18%, triggering yet another classification issue as natural water is tax-exempt.The authority has reasoned that the treated water here is purified water. It is used within the applicant’s factory – Rashtriya Chemicals & Fertilisers Ltd in this case – and the excess is sold to Bharat Petroleum for industrial use.

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