Abatement for work contractor
This query is : Resolved
07 February 2014
sir can u help to explain at what rate abatement is to be to a workcontracter whose nature of work is to replace old carpets n fixed new n also to upkeep annually also doing plasstering work
09 February 2014
This sort of works will be treated as Works contract (other than original works)and abatement will be 40%.
So, taxable component will be 60%. This is covered under partial reverse charge.
So, taxable component will be 60%. This is covered under partial reverse charge.
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