Construction or renovation of plant or building
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 December 2016
Dear Experts,
I am working in a public limited company, We used to Repair or construction of plant or office building through contractor. We will pay the contractor on square feet basis on work done. here all the materials supplied by us and contractor is just working as per our instructions.
Contractor is not charging service tax since he has not crossed his trash-hold limit.
Transfer of goods means what ? (even material supplied by the service receiver is also considered as transfer of material)
Here my query is ..
Is this work comes under Works contract ? or can we call as jobwork..
Is Service tax is applicable.. ?
Please Guide us
Thanks in advance.
I am working in a public limited company, We used to Repair or construction of plant or office building through contractor. We will pay the contractor on square feet basis on work done. here all the materials supplied by us and contractor is just working as per our instructions.
Contractor is not charging service tax since he has not crossed his trash-hold limit.
Transfer of goods means what ? (even material supplied by the service receiver is also considered as transfer of material)
Here my query is ..
Is this work comes under Works contract ? or can we call as jobwork..
Is Service tax is applicable.. ?
Please Guide us
Thanks in advance.
05 December 2016
As material is involved in the works it is a works contract.
Service tax payable under RCM on 50% value.
Service tax payable under RCM on 50% value.
07 December 2016
Under service tax, it can be classified as Works contract - repair works and 70 % of value of work will be subject to service tax.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- TDS U/S. 194NF
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- GST ON EXPORT COMMISSION
- Should I report my US salary for January, February, March in Schedule FA?
- Inventory of finished goods
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
