GST rate increase for Government projects (Works Contracts) - Impact and way forward

Construction industry plays an important role in the development of any country. It is a large sector of Economy of about Rs. 37 lakh crores (as per national accounts statistics, 2019-20). The construction industry in India consists of the Real estate as well as the infrastructure development segment.

source https://www.caclubindia.com/articles/gst-rate-increase-for-government-projects-works-contracts-impact-way-forward-47485.asp

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