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Work contract

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13 May 2009 What is the WORK CONTRACT under VAT act ?

if tds deducted on work contract under VAT act. is it nessory to deduct TDS under INCOME TAX act.

(Querist)
13 May 2009 Hello,

For registration of partnership firm, I have got the following documents ready viz:
- Deed of partnership (duly notarised)
- Copy of partnership deed (in Marath)
- Form A
- Blank stamp paper of Rs 50

Do I need to get any other documents done? Am i missing anything?

Help appreciated.

Thanks

13 May 2009 one indian company receiving services from a foreign company and all the service tax liability was born by the representative office situated in india of that foreign company.
Both companies entered into an Agreement in case of new project;and as per a clause in that agreement all service tax liabilty will be born by that representative office.

indian company open a project office which was registered under service tax act, for the above project.

as the representative come to know that the project office is also registered with service tax department, they refuse to bear service tax liabilty.

is it be possible?

and if it be, then please tell me that is there any provision that indian company raise an invoice to the foreign company of service tax payable and after receiveing the amount of service tax from foreign company they make payment to govt.


18 May 2009 Pls give more explanation. If you are providng services to foreign company situated outside India. It qualifies as export of services and service tax liability would not arise if you fulfill certain conditions lay down under service tax provisions. Further, if you are importing such taxable services then you are liable to pay service tax on such imported taxable services.

Further there is no provision as such that payment shall be made only after collecting the same from your client.



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