Applicability of Service Tax
This query is : Resolved
22 July 2010
Sir,
XYZ as a Company under CSR (Corporate Social Responsibility) wanted to constuct a Hospital in a near by Villages.
XYZ is giving contract to ABC Contractors for constuction of such hospital building.
Contract is between XYZ and ABC for constuction of the Hospital building.
Finally after completion of the Hospital building XYZ is going to hand over to Govt/ Villagers.
1st Transfer of property of the building transfers from contractor to XYZ.
Later Transfer of property of the building may transfer from XYZ to Govt.
My question is applicability of the Service tax or any other Tax for the ABC contractors for construction of the Hospital building ?.
If service tax is applicable at what rate ? is there any abatement or exemption for that ?
XYZ as a Company under CSR (Corporate Social Responsibility) wanted to constuct a Hospital in a near by Villages.
XYZ is giving contract to ABC Contractors for constuction of such hospital building.
Contract is between XYZ and ABC for constuction of the Hospital building.
Finally after completion of the Hospital building XYZ is going to hand over to Govt/ Villagers.
1st Transfer of property of the building transfers from contractor to XYZ.
Later Transfer of property of the building may transfer from XYZ to Govt.
My question is applicability of the Service tax or any other Tax for the ABC contractors for construction of the Hospital building ?.
If service tax is applicable at what rate ? is there any abatement or exemption for that ?
22 July 2010
it will depend upon the agreements between contractor and contractee and govt., if hospital will be used for commercial purposes service tax will be applicable otherwise not
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- GST ON EXPORT COMMISSION
- Should I report my US salary for January, February, March in Schedule FA?
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Tds on building rent monthly
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- Confusion around Form 26QB fields
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
