Work Contract

[sukhvinder singh]

Respected All,

 

Please explain me what is work contract with suitable exemple. i am not understand supply of manpower for any purpose or service portion in execution of works contract by any individual, Hindu Undivided Family or partnership firm, whether registered or not, including association of persons, located in the taxable territory to a business entity registered as body corporate, located in the taxable territory;

Thanks

AI Summary

Understanding Service Tax on Manpower Supply and Works Contracts: Key Points for Contractors and Businesses A user inquired about the nature of work contracts and the applicability of service tax, particularly concerning the supply of manpower and the service portion in executing works contracts. A respondent clarified with an example: if a contractor, whether an individual, Hindu Undivided Family, proprietor firm, partnership firm, or association of persons within a taxable territory, supplies labor to a business entity registered as a body corporate in the same territory, the invoices paid are subject to taxation. The original poster acknowledged the explanation.