B.C. Publications Publications Master Guide To GST On Works Contract & Real Estate By R S Paul 1st Edition June 2026

Master Guide To GST On Works Contract & Real Estate By R S Paul 1st Edition June 2026

Master Guide To GST On Works Contract & Real Estate By R S Paul 1st Edition June 2026

Descriptions –

The introduction of the Goods and Services Tax i.e. GST in India has made a sea change in the country’s indirect taxation system. While the move was aimed at simplifying taxation though its application to complex transactions like “works contracts” has encountered a new set of challenges and interpretative complexities for taxpayers and professionals alike. This book is aimed to simplifies these complexities and provide a clear, comprehensive, and practical guide to understanding and navigating GST on works contracts.

In the pre-GST era, works contracts, being a combination of goods and services, were subjected to dual taxation, attracting both Value Added Tax (VAT) on the goods portion and Service Tax on the services portion. This led to frequent disputes and litigation concerning valuation and taxability. The GST regime sought to resolve this by classifying works contracts as a “supply of services” and taxing them accordingly, eliminating the previous ambiguity. However, this new classification has introduced fresh challenges, particularly concerning input tax credit (ITC), varying tax rates, and the specific nuances of contracts with government and as well as for special treatment for promoters and real estate sectors.

Beyond the foundational principles and basics on registration, input tax credit, RCM, e-way bill, TDS, important case laws etc., we provide at length discussion and analysis on promoters and real estate sectors. Practical example on TDR, their valuation and taxability will undoubtedly be helpful for the promoters, advocates, tax practitioners and all other stake holders. All relevant Notifications are also included for ready reference.

We hope this “Master Guide to GST on Works Contract and Real Estate” serves as a valuable reference tool for the tax people and will highly be appreciated like our earlier publication “Master Guide to GST”. We welcome all suggestions and constructive feedback from our readers.

Covering:

• Registration
• Works Contract
• Input Tax Credit (ITC)
• Govt. Contractors
• Place of Supply & Time of Supply
• Real Estate
• Invoice
• Promoter
• Payments & Returns
• Joint Development Agreement (JDA)
• Tax Deduction at Source (TDS)
• Transferable Development Right (TDR)
• E-Way Bill
• Practical Examples
• Refund
• Case Laws
• Appeals
• Notifications & Circulars