Dear Experts,
We want to make Building with material, without material ,partially material or repair of building through under contractor or under own supervision. Will all these condition with labour expenses come under Work Contract Tax notification no 30/2012 dt. 20.06.12 reverse charge machenism.
Please advice.
Thaks
Clarification on Work Contract Tax: Equal Service Tax Split Required by Notification No. 30/2012 for Construction Services A query was raised regarding whether building construction, with or without materials and including labor expenses, falls under the Work Contract Tax as per Notification No. 30/2012, which involves a reverse charge mechanism. The response explained that this notification mandates the service tax on the service portion of a works contract to be shared equally between the service provider and receiver, provided specific conditions about their legal status and location are met. Notification No. 24/2012 is referenced for determining the service portion's valuation. The original inquirer expressed confusion about applying these notifications to their situation. (AI Summary)
TaxTMI 
TaxTMI 
