08 April 2014
the contract in question is a sub contract for a period of one year and the monthly contracted amount is Rs.7.5 Lakhs, the break up of which is as below 6 Lakhs - Labour 70 Thousand - Materials Balance is the margin. Here materials are also involved. So my doubt is whether we can take it as supply of man power? Here the contractor is a Pvt Co. and the sub contractor is an Individual. In this case will reverse charge come into picture?