Just a moment...

Report
FeedbackReport
×

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

Applicability of works contract

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....pplicability of works contract<br> Query (Issue) Started By: - deepak gandhi Dated:- 7-5-2009 Last Reply Date:- 7-5-2009 Service Tax<br>Got 1 Reply<br>Service Tax<br>In some states as per the local VA....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....T act the contracts are treated as works contract some of them are as under: Painting / polishing contract Civil work like construction of buildings roads Construction of bodies of motor vehicles and ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....construction of trucks Tyre retreading Dyeing and printing of textiles Annual maintenance contracts for Xerox / printers / computers / airconditioners Fixing of marble slabs polished granite stones an....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....d tiles In all the above listed cases the deduction for material and labour is prescribed as per vat act Now for the purpose of service tax whether the above listed will be treated as works contract ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Reply By Mukesh Kumar: The Reply: No, only the specified activities defined under section 65(105)(zzzza) would be classified as services involved in execution of works contract. For all other categor....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ies of services you have either of the two options (1) since the other category of works contracts are not included within the scope of clause 65(105)(zzzza) the same are not taxable at all. (2) you m....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ay classify the service within the particular classification heading after examining the nature and scope of such service.<br> Discussion Forum - Knowledge Sharing ....