Service tax on Errection
This query is : Resolved
08 November 2008
Dear Sir,
We are executing works contract following lines
A) all materials supplied by Principal contractor (party), we are doing installation, erection and commission
1) what is the service tax liability
2) can I opt composition scheme
3) if we want to Determine the transfer of property, how can I determine
The transfer of property because we are not maintain the record of purchase by Party
B) all materials supplied by Principal contractor (party), we are doing Fabrication only
1) is applicable service tax or Excise ? if yes, explain the detailed law
C) we have received a sub Contract for Dame Erection and commissioning, in this contract main material supplied by Party and some quantity of material is scope of ours. Exp. As follow:
Total Works contract value : 1,00,000
Our contract value : 25,000 out of 1,00,000
In the value 25,000 included material cost is 10,000
1) In the above view service tax vise under which category?
2) Can I opt composition?
thank you
balu
We are executing works contract following lines
A) all materials supplied by Principal contractor (party), we are doing installation, erection and commission
1) what is the service tax liability
2) can I opt composition scheme
3) if we want to Determine the transfer of property, how can I determine
The transfer of property because we are not maintain the record of purchase by Party
B) all materials supplied by Principal contractor (party), we are doing Fabrication only
1) is applicable service tax or Excise ? if yes, explain the detailed law
C) we have received a sub Contract for Dame Erection and commissioning, in this contract main material supplied by Party and some quantity of material is scope of ours. Exp. As follow:
Total Works contract value : 1,00,000
Our contract value : 25,000 out of 1,00,000
In the value 25,000 included material cost is 10,000
1) In the above view service tax vise under which category?
2) Can I opt composition?
thank you
balu
08 November 2008
1)Service tax is on value of service provided.
2)Where is the necessity?
3)Your query not understood.
B)Already answered.
C)ST liability on the value of your contract only.
2)Where is the necessity?
3)Your query not understood.
B)Already answered.
C)ST liability on the value of your contract only.
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?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- GST ON EXPORT COMMISSION
- RCM INVOICING FROM NOV-2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- ITC EXCESS CLAIM + RCM NOT PAID...BOTH FOR FY 2020-21......PAID IN FY 2024-25....EFFECT
- 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
