23 December 2015
how can we differentiate between renovation and repair?
if renovation service is provided by a company to a body corporate under work contract service. then whether renovation is considered as original work for calculating service tax. example bill of renovation RS 55,00,000
now service tax to be calculated on 40% value OR service tax to be calculated on 70% value.
23 December 2015
Renovation is considered as original work and service tax to be calculated on 40% work.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
23 December 2015
thank sir here renovation include glazing, plastering, painting, electrical fitting, floor and wall tiling etc of a building. Here building is renovated to look new with new tiles, furniture, electric fitting etc. Whether all this work consider as original work.