Construction contract


This query is : Resolved 

20 June 2011 How to classify a work under service tax as Consturction of commercial building, industrial building and works contract.


20 June 2011 Please read Sec 65A which provides the rules for classification. You need to understand the specific transaction which wouldbe possible by examining the contract.

If a transactionis covered under VAT as a works contract then under ST also it is a WC.


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