02 December 2014
We had issued Work Contract for building of one Factory Plant, for which Partial Material i.e. Cement and Steel was supplied by us i.e. by Company and hence Contractor has not charged same us in his contract bill and we have not paid Service Tax thereon.
Do we have to consider our supplied material i.e. Steel and Cement for ST value. If yes then only basic amount or do i have to add other indirect taxes charged thereon???
CAclubindia
