WCT on composit contarct
Asked by
Service tax on works contract: query on applicability to composite contracts combining materials and services.
Query concerns whether contracts combining supply of materials and provision of services attract works contract taxation or other levies; respondent highlights uncertainty in the query and points to Service tax on Works Contract as assessed on the composite contract value, without providing a conclusive classification or addressing VAT/CST interaction. (AI Summary)
Query concerns whether contracts combining supply of materials and provision of services attract works contract taxation or other levies; respondent highlights uncertainty in the query and points to Service tax on Works Contract as assessed on the composite contract value, without providing a conclusive classification or addressing VAT/CST interaction. (AI Summary)
What is the applicability of WCT on composit contrct (Material+Services)
TaxTMI