Service tax on Works contract executed for Water supply and Drainage Board -reg
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....ervice tax on Works contract executed for Water supply and Drainage Board -reg<br> Query (Issue) Started By: - N Balachandran Dated:- 14-6-2012 Last Reply Date:- 16-6-2012 Service Tax<br>Got 1 Reply<b....
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....r>Service Tax<br>Dear sir, In view of the finance bill 2012 and the Ministry of financecircular no. 334 /1/ 2012 -TRU dt 16.03.2012 with the 'Negative List' approach for taxation of services is being....
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.... introduced in the current fiscal. Under the new approach, all services except those in the 'Negative List' or otherwise exempted, would come into the tax net with effect from 1st July, 2012. What wil....
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....l be the position of works contract to be executed for Water Supply and Sewerage Board like Sewage treatment plant, drinking water supply projects, laying of sewage line etc. Tamil Nadu Water Supply ....
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....and Drainage Board, Gujarat water supply and sewage board etc., whether the Sewage board are covered in the Local authority as clarified by Joint commissioner vide above mentioned circular. We shall....
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.... be thankful if you could forward your opinion in respect of the service tax implications on these projects. Regards N.Balachandran Reply By Vijay Chitte: The Reply: As per Mega exemption notific....
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....aiton 12/2012-ST, Point No. 12(e) water & severage treatment are exemption from service tax. YES, Tamil Nadu Water Supply and Drainage Board, Gujarat water supply and sewage board etc this are covere....
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....d in local authority.<br> Discussion Forum - Knowledge Sharing ....