Poonawalla fincorp
Poonawalla fincorp

Service tax on development charges

This query is : Resolved 

22 May 2013 A company takes contract to develop site for construction a flat or building & recover value/charges under development charges head
Que is
1. is company eligible for cenvat ?
2. which secs' are to be consider in above operation.
3. service tax provision is applicable on co.
thank you

12 July 2013 In this case you have to charge service tax and pay it. If you are hiring machinery and paying service tax then it is allowed for adjustment and the balance is payable which means whatever you are receiving minus whatever you are paying as Service Tax



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries