10 June 2014
1) M/s X is a registered dealer contracting electrical contracts. He purchases materials and supplies and provides services too like erection and commissioning etc.
2. M/s Y is manufacturing company raised a purchase order for supply of materials from M/s X.
3. M/s Y has also raised a service work order on M/s x for erection and commissioning of the above supplied material by M/s x
5. In the above both supplier and service provider is same and raising invoices against the work orders separately
6. M/s Y is paying payments to M/s X against the invoices raised, ie. material supplies separately and service invoices separately
7.in the above, if the work orders are separate ie. for but both service provider/seller and purchaser/service receiver stands same
8. In the above circumstances whether works contract act is applicable if yes upto what extent if not why
by subrahmanyam GVS M.Com Dip in Taxation
Guest
Guest
(Expert)
10 June 2014
WCT Applies only where there is a mixed contract of service and material both....