Service tax on civil works
This query is : Resolved
17 August 2012
hello friends,
I have received a bill for civil contract works of rs 100000 which is inclusive of service tax and wct.
pls advise me,as per the latest amendment in service tax(applicable wef 1.7.2012)
1.what is my service tax liability and what is contractor's service tax liability.
2.whether i will be eligible for claiming input tax credit on service tax payment.
3.amount of tds to be deducted.
I have received a bill for civil contract works of rs 100000 which is inclusive of service tax and wct.
pls advise me,as per the latest amendment in service tax(applicable wef 1.7.2012)
1.what is my service tax liability and what is contractor's service tax liability.
2.whether i will be eligible for claiming input tax credit on service tax payment.
3.amount of tds to be deducted.
17 August 2012
Dear Mr Pankaj,
Always indicate in your query your STATE to answer the query. Especially VAT TDS is different for each state. IT TDS is common.
Can you give bifurcation made by the Service provider i.e works contractor for Rs.1,00,000, as you have mentioned as inclusive of WCT sertax and VAT.
This is required to know how much Service tax is charged by the contractor.
Always indicate in your query your STATE to answer the query. Especially VAT TDS is different for each state. IT TDS is common.
Can you give bifurcation made by the Service provider i.e works contractor for Rs.1,00,000, as you have mentioned as inclusive of WCT sertax and VAT.
This is required to know how much Service tax is charged by the contractor.
06 August 2023
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
- Inventory of finished goods
- Disallowance of Section 43B(h) to sez units
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Confusion around Form 26QB fields
- RCM INVOICING FROM NOV-2024
- GST Regis.
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Tds on building rent monthly
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Sale of property furniture sale
- As per schedule III of balance sheet how to pass journal entry
- Is correct way to find out capital of individual on 31st March
- Individual capital equal to which assets of balance sheet
- 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?
Trending Online Classes
CAclubindia
