A construction of residential complex service provider engages a sub contractor for only construction work. All materials used in construction is supplied by the said residential complex service provider. Under what category should the sub contractor get registered. What will be his accounting code and method of valuation.
thanking you,
Guidance on Subcontractor Registration Category, Accounting Code, and Valuation Method for Construction Services A construction service provider for residential complexes hires a subcontractor solely for construction work, with all materials supplied by the main service provider. The query seeks guidance on the appropriate registration category for the subcontractor, along with the applicable accounting code and valuation method. The response indicates hope that the query has been resolved, suggesting that further clarification or assistance might have been provided. (AI Summary)