20 April 2013
My client is doing electrical wiring and fittings to Residential complex (new complexes) and the turnover is more than 20 lac. like to know
a) category of service for registration b) abatement for taxable service.
20 April 2013
Pl. inform, whether the contract of fitting wires is along with material or without material. In case it is with material, you are liable to ST under works contract. Register under works contract. You have an option to pay ST on 40% of the gross value. Tax rate is 12.36%.
In case it is without material, register under Erection, Commissioning or installation. Tax rate is 12.36% on gross value.
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