Works Contract under GST in India

Works Contract under GST Goods and Service tax(GST) in India was implemented with effect from 1st July 2017 to bring a revolution in the Indian taxation provisions.  One such activity that experienced the major reforms under the GST regime is work contract.  There are various aspects of GST like time, place, valuation of supply and input tax credit are applicable on works contract under GST. Today with this blog we will be taking a look at all the aspects of GST applicable on work contract. [...]