Meaning of the expression ‘gross amount’ appearing in Rule 3(1) of the Works Contract (Composition Scheme for payment of Service Tax) Rules, 2007, as it stood prior to 07th day of July 2009 – regarding.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....012 Dated 16/04/2012 Subject:- Meaning of the expression 'gross amount' appearing in Rule 3(1) of the Works Contract (Composition Scheme for payment of Service Tax) Rules, 2007, as it stood prior to 07th day of July 2009 - regarding. The issue as regards whether 'gross amount' for purpose of payment of service tax under Works Contract Composition Scheme, included the value of free of cost supp....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....le 3(1). 3. The explanation appended to Rule 3(1) with effect from 07/07/2009, categorically says in the proviso that "....nothing contained in this Explanation shall apply to a works contract where the execution under the said contract has commenced or where any payment, except by way of credit or debit to any account, has been made in relation to the said contract on or before the 7th day of Ju....