from builders service tax

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This query is : Resolved

Muthyam (Querist)

16 May 2008 Sir, we are builders, we are paying st on receipts base, then we have a problems from st department, they are asking invoice,
but we cant make the proper invoice, thats why im asking please guide me how to make the bill and tax. but we have sub contractors also that particular project in compisite scheme, and also we want make one agrement. please tell me the answer

Muthyam

Muthyam (Querist)

16 May 2008 yg

KAUSTUBH M JOSHI

KAUSTUBH M JOSHI (Expert)

17 May 2008 You are paying ST on receipt basis is correct. You have to provide details of bills raised & actual receipts in the service tax return along other required particulars. You have to maintain proper records about various contracts, your receipts from various contracts & details of your expenses also so as to enable you to raise proper bill. You may seek guidance from local CA's for more clarification. You might face problems in near future

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