Construction Industry

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

30 August 2010 Construction industry is covered under service tax under four main heads, i.e. Commercial & Industrial construction service, Construction of residential complex, Erection, and Works contract service.
The works contract service is brought in w.e.f. 01/06/07. After introduction thereof, is any option available with the assessee covered by these services, to chose between the first three services as referred above & works contract service.
Putting othre way round is it compulsory to collect service tax under the head of Works contract service?

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
Follow

30 August 2010 Works Contract Service Vs Erection, Commissioning and Installation service

If the Specified contract is “works contract” on which VAT/Sales tax is payable the service will be taxable under Works contract Service (Section 65(105)(zzzza)
If the Contract is a simple service contract i.e. no material is involved or even if some material is involved, VAT/Sales tax is not payable the service go under Erection, Commissioning, Installation Service (Section 65(105)(zzd)

Works Contract Service Vs Commercial or Industrial Construction Service

If the Specified contract is “works contract” on which VAT/Sales tax is payable the service will be taxable under Works contract Service (Section 65(105)(zzzza)
If the Contract is a simple service contract i.e. no material is involved or even if some material is involved, VAT/Sales tax is not payable the service go under Commercial or Industrial Construction Service (Section 65(105)(zzq)

Works Contract Service Vs Construction of Complex service

If the Specified contract is “works contract” on which VAT/Sales tax is payable the service will be taxable under Works contract Service (Section 65(105)(zzzza)
If the Contract is a simple service contract i.e. no material is involved or even if some material is involved, VAT/Sales tax is not payable the service go under Construction of Complex service (Section 65(105)(zzzh)

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

kavita goel

avulaandcopdrl 2023

divakar podaturu

Ashok Atluri

CA Reshma prabhu

Subscribe Now

Construction Industry

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA