TaxTMI 
TaxTMI 
Liability of service tax in Turn-key job
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....iability of service tax in Turn-key job<br> Query (Issue) Started By: - RAJAN KADREKAR Dated:- 24-1-2006 Last Reply Date:- 29-1-2006 Service Tax<br>Got 1 Reply<br>Service Tax<br>Whether service tax is....
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.... payable on the entire contract value of Interior Designer with Turn-key job having borne Composition Tax @8% under MVAT or only on 33% of such contract amount after deduction for materials @ 67% thou....
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....gh actual material component in some items say POP work is lower than 67% (i.e.30% material) or Furniture Items having materail component higher than 75%. Kindly enlighten & oblige.with warm regards R....
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....ajan Kadrekar Reply By Surender: The Reply: There is no specific exemption which is available for a composit contract undertaken by an interior contractor. However, that person may avail the benefit....
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.... of notification no. 12/2003 for the cost of material involved in this contract.<br> Discussion Forum - Knowledge Sharing ....