Can you please clarify that if electrician repairs coolers fans etc. and raises his bill for material & labour charges under these circumstance Work Contract Service will be applicable? SERVICE RECEIVER IS LIABLE TO DEPOSIT SERVICE TAX AT WHAT AMOUNT OR %?
Service Receiver is registered with ST Deptt & Service Provider is an individual and demanding his payment in cash?
18 May 2013
This is a 'works contract' covered u/s 65(105)(zzzza) of the Finance Act,1994. If the individual's turnover exceeds Rs. 9laks per annum, ST registration becomes mandatory.