16 April 2015
how do differentiate between construction of residential complex service and work contract service
if we construct of a complex, building or civil structure
whether it comes under work contract and abatement of 60% applicable or whether it comes under construction of residential complex service and abatement not.26/2012 applicable and abatement of 75% will apply
16 April 2015
The above complex is residential complex 75% abatement is available, if it is a commercial complex, building or civil structure 60% abatement applicable.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
16 April 2015
but sir as per section 65(105)(zzzza) work contract includes construction of a residential complex and part there of
16 April 2015
If value of land is included in the amount charged from the service receiver than it is a Construction Service and 70% abatement available.
If value of land is not included i.e. composite contract( contract of Material+labour). -claim 60% abatement.