Just a moment...

Report
FeedbackReport
Bars
×

By creating an account you can:

Logo TaxTMI
>
Feedback/Report an Error
Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

Sub contractor- exemption from service tax

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ub contractor- exemption from service tax<br> Query (Issue) Started By: - AJAY KUMAR Dated:- 5-7-2008 Last Reply Date:- 5-7-2008 Service Tax<br>Got 1 Reply<br>Service Tax<br>One of the contractor has....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... been awarded the trunkey work of renovation of STATIDUM . The award letter clealy state for reimbusement of service tax. The Contract was awarded prior to 01.03.2008 and contactor was paying 2 % unde....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....r composition scheme. From 01.03.2008, the contractor is paying 4 % as service tax besides the work contract tax i.e VAT . The subcontractor are also claiming the service tax from the contractor. My Q....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....UERY IS : 1. Whether, such sub contractor can avail the expemption from service tax , being sub contract. 2. If the contractor has to pay the service tax on subcontract, Will he claim the CENVAT Credi....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....t under composition scheme Reply By V Ramanujam: The Reply: As I understand, unlike VAT provisions, in the case of service tax, tax is chargeable in both the hands of contractor and sub-contractor. T....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....hus (1) there is no exemption from service for being sub-contract and tax is to be collected/paid by him. (2) If both sub-contractor/Contractor opts for composition scheme, then no CENVAT credit can b....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e claimed by them.<br> Discussion Forum - Knowledge Sharing ....