27 May 2015
GOOD MORNING TO ALL EXPERT, WE HAVE TO GIVE CONTRACT OF BUILDING CONSTRUCTION TO A CONTRACTOR AND MATERIAL WILL PROVIDE BY US. .MEANS CONTRACTOR WILL GIVE THEIR BILL ONLY LABOUR CHARGES. THEN IN THIS CASE WILL WE DEPOSIT 50% SERVICE TAX OF SERVICE PORTION ON EXECUTION OF WORK CONTRACTS.
SUPOOSE LABOUR CHARGES BILL EXCLUDE MATERIAL = 88360 THEN CALCULATION OF SERVICE TAX WILL BE=88360*6.18/100**5460 THANKS
01 June 2015
It is a works contract 50% service tax under RCM on entire labour charges bill is payable by your company. The working given above is right.
01 June 2015
It is a works contract 50% service tax under RCM on entire labour charges bill is payable by your company. The working given above is right.
01 June 2015
It is a works contract 50% service tax under RCM on entire labour charges bill is payable by your company. The working given above is right.
01 June 2015
It is a works contract 50% service tax under RCM on entire labour charges bill is payable by your company. The working given above is right.
01 June 2015
It is a works contract 50% service tax under RCM on entire labour charges bill is payable by your company. The working given above is right.
01 June 2015
Yes you pay, balance 50% service tax has to be paid by service provider unless he is a small service provider. Have you executed contract agreement.
13 June 2015
BUT SIR IN MY ABOVE QUERY WE ARE A COMPANY AND WE HAVE TO GIVE CONTRACT OF BUILDING CONSTRUCTION TO A CONTRACTOR AND MATERIAL WILL PROVIDE BY US.(COMPANY) .MEANS CONTRACTOR WILL GIVE THEIR BILL ONLY LABOUR CHARGES. THEN IN THIS CASE WILL THIS LABOUR CHARGES COMES UNDER MANPOWER SUPPLY ?????????????
13 June 2015
SIR PLEASE DON'T MIND. TOLD ME THAT HOW CAN WE KNOW THAT ANY OTHER TYPE OF LABOUR CHARGES COMES UNDER THE DEFINATION OF MANPOWER SUPPLY OR NOT.
13 June 2015
In case of building construction under labour contract the contractor brings manpower and take material from owner and constructs the building under his supervision. In case of manpower supply the building will be constructed by owner under own supervision using the supplied man power.
13 June 2015
BUT SIR I READ AN ARTICLE OF RCM WHERE I READ THAT Value of service excluding material (Taxable 100%) 50% FOR S.P AND 50% FOR S.R. THEN IT IS ALSO LABOUR CHARGES.SO WHAT RATE APPLICABLE FOR THIS SERVICE MANPOWER SUPPLY(14%) OR 50 % BOTH S.P AND S.R
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