Dear Members,
A works contract done for Airports, Railways etc., are exempt under Service tax for both the main and sub-contractor. Please tell me whether similar exemption is available under TN VAT Act.
N.N.RAJAN (PROFESSIONAL) (243 Points)
11 November 2013Dear Members,
A works contract done for Airports, Railways etc., are exempt under Service tax for both the main and sub-contractor. Please tell me whether similar exemption is available under TN VAT Act.
DDDDDD
(.)
(176 Points)
Replied 12 November 2013
Dear Nagarajan,
Similar provision is not there in TNVAT.
Any works contract service provided by a dealer is taxable under TNVAT act.