CLASSIFICATION OF SERVICES
VINOD KUMAR
RESPECTED EXPERTS. GOOD EVENING. SIR, What will be the classification of following services:-1. Contractor engaged in lifting of wholly constructed building by machines. Presently, the contractor is showing it in WCT. 2. Weighment of truck/container/tractors on weigh bridge. Pl. ReplyThanks and regards.
Service classification: lifting of constructed buildings treated as works contract tax and weighment as business support services. A contractor engaged in lifting of a wholly constructed building by machines is classified as WCT (works contract), while weighment of truck/container/tractors on a weighbridge is classified as Business Support Services. (AI Summary)
TaxTMI
TaxTMI