Loading...

⚠ ✕
❮ Top
☎ Help
☰
×

By creating an account you can:

Logo TaxTMI
Call Us / Help / Feedback✕

Contact Us At :

✉ E-mail: [email protected]

✆ Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters 0/2000
╳
Add to...
You have not created any category. Kindly create one to bookmark this item!
✕
Create New Category
Hide
Title :
Description :
+ Post a Query
Post a New Query ✕
Title :
0/200 char
Description :
Max 0 char
Category :
Delete Reply

Are you sure you want to delete your reply beginning with ' ' ?

Delete Issue

Are you sure you want to delete your Issue titled: ' ' ?

Discussion Forum

Back

All Issues

Advanced Search ❮
Reset Filters
Search By:
Search by Text :
Press 'Enter' to add multiple search terms
Select Date:
From To
Category :
OR
Search by Issue ID:
NOTE: If you have inputs in both the fields, then results will be shown for issueId first.
Issue ID: 110999
Like 0 Bookmark

Difference between Repair & Maintenance & works contract

Date 04 Oct 2016
Replies 7 Replies
Views 24949 Views
Works contract classification determines taxable service portion and reverse charge applicability for repair and maintenance engagements.
Classification of a contract as a works contract or as a maintenance/repair service determines the taxable service portion and valuation abatement to be applied. Works contracts-encompassing construction, installation, repair, maintenance and similar activities with transfer of property in goods-are subject to prescribed service portions for tax valuation, with original works treated differently from other works. Maintenance and repair services, including reconditioning, restoration and servicing of goods and software, fall under management/maintenance rules. Reverse charge applies in specified provider-receiver relationships, and invoices must reflect correct valuation and reverse charge treatment. (AI Summary)

Dear Sir

Pls explain the difference between works contract & Repair & Maintenance works with example & rate of S Tax

Thanks

7 answers
Sort by

Old Query - New Comments are closed.

Hide

No Replies are present.

Old Query - New Comments are closed.

Hide
Recent Issues