Kollipara sundaraiah asked 2 years ago
WORKCONTRACTOR SERVICES PROVIDER NORMAL SUPPLY OR COMPOSITE SUPPLY TREATED IN GST ACT.
A Registered workcontract service provide dealer purchases of materials iron and cements and sale transactions two types.
1.Dealer purchases of materials iron and cements sale to another gst registered dealers (b2b)
2.Dealer purchases of materials iron and cements used to own workcontract purposes.
Query:
Dealer sales of two types transactions normal supply or composite supply treated in gst act.
https://busy.in/gst/differences-between-regular-and-composite-schemes/#:~:text=While%20the%20regular%20scheme%20offers,small%20businesses%20with%20lower%20turnovers.