Demystifying GST for Construction Industry

2020 edition 

Demystifying GST for Construction Industry traces the history of taxation on the construction sector since 1948 with the famous decision of the Hon’ble Supreme Court in Gannon Dunkerly, setting the contours. By explaining the nuances of Service Tax levy on construction sector and referring to various judgments, the Book lays the foundation for the study of GST on construction sector. Various amendments in the GST law carried out since July 2017 pose a serious challenge in keeping track and complying with them. Further, the changes introduced from 01.04.2019 for construction sector impose various conditions, compliance of which would be a big challenge for the industry. This Book explains these changes and conditions lucidly, with ample examples, to make the understanding and compliance easier for the industry as well as professionals.

In this second edition, the discussion on GST vis-a-vis Construction sector has been made clearer, simpler and more reader friendly. Further, care has been taken to include discussions on works contracts other than construction of residential apartments in this edition. Discussion on anti-profiteering provisions and certain important rulings of National Anti-profiteering Authority and Advance Ruling Authority have also been incorporated. This Book is a must buy for anyone who wants to understand the fundamentals of GST applicable to the construction sector.