12 July 2012
REVERSE CHARGE will be applicable in respect of services provided or agreed to be provided by way of supply of manpower for any purpose and even for maintenance service.
13 July 2012
Yes. It is applicable, see the following new rule (second rule) for paying service tax for maintenance works contract.
Where works contract is for… Value of the service portion shall be…
(A) execution of original works :- forty percent of the total amount charged for the works contract ______________________________________________________________________
(B) maintenance or repair or reconditioning:- seventy per cent of the total amount or restoration or servicing of charged. any goods including such gross amount ______________________________________________________________________
(C) in case of other works contracts :- sixty percent of the total amount not included in serial nos. (A) and (B) above, charged for the works contract including contracts for maintenance, repair, completion and finishing services such as glazing, plastering, floor and wall tiling, installation of electrical fittings.
14 July 2012
Relevant Notification is Notification No. 24/2012-ST, you can download form cbec.gov.in. this Notification is applicable when you receive maintenance services falling within the meaning of works contract definition services.
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