Service Tax Applies to Pure Service Contracts; Composite Contracts Taxed Under Works Contract Services Since June 2007.

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Full Text of the Document

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....Industrial Construction Service - Works Contract Services - benefit of abatement - The levy of service tax on CICS/CCS would be applicable only in case of pure service contracts whereas composite contracts involving transfer of property in goods would be liable to service tax only under WCS from 01/06/2007 as statutory mechanism to arrive at the value of service has been prescribed only under WCS from 01/06/2007.....