https://www.taxtmi.com/news?id=61 The government will issue formal clarification on the inclusion of works contract within the service tax net to resolve scope uncertainties; works contracts involve transfer of goods and services and taxable components include erection or installation, commercial or industrial construction, turnkey projects and construction of complex, while specified infrastructure projects such as roads, airports, railways and ports are excluded; CBEC will issue two master circulars on technical and procedural service tax issues. en-us Tue, 31 Jul 2007 22:50:00 +0530 Wed, 25 Jun 2008 18:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=61 The government will issue formal clarification on the inclusion of works contract within the service tax net to resolve scope uncertainties; works contracts involve transfer of goods and services and taxable components include erection or installation, commercial or industrial construction, turnkey projects and construction of complex, while specified infrastructure projects such as roads, airports, railways and ports are excluded; CBEC will issue two master circulars on technical and procedural service tax issues. News - Tue, 31 Jul 2007 22:50:00 +0530 https://www.taxtmi.com/news?id=61