03 May 2013
Chemical cleaning & Flushing of Pipeline work consider in Repair & maintenance services or is it under Works contract? if it is work contract than reverse charge circular applicable to it?
03 May 2013
- Work Contract Meaning 65B(54): WC means a contract wherein transfer if property in goods involved in the execution of such contract is leviable to tax as sale of goods AND such contract is - for the purpose of carrying out construction, erection, commissioning, installation, completion, fitting out, repair, maintenance, renovation, alteration of any Movable or Immovable property OR - for carrying out any other activity or a part thereof in relation to such property.
so if there is vat on sale part of the material, it will be under works contract otherwise repair & maint.
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