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Service tax rate

Bernard (Financial Manager) (144 Points)

15 March 2016

If an Assessee who is doing a works contract service. what rate he shoul charge. if there is only service and there is no material

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3 Replies

Amit M Bafna (74 Points)
Replied 15 March 2016

Dear Sir please read work contract defination as defined in Act Sec 65(105)(zzzza). As you said it is purely service and no material involved there cant be works contract.

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Bernard (Financial Manager) (144 Points)
Replied 15 March 2016

But the assessee have service tax registration for works contract service

CA Raj Doshi (Practising CA) (8924 Points)
Replied 15 March 2016

The registration certificate can be amended to include pure services that it to say labour charges. But that is only a procedural issue. The nature of service , classification have a veil on the tax rate. What the reality is in substance more important than any other procedure or legal formality .

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