Owner supplying material to contractor
This query is : Resolved
30 April 2015
My client supplied steel and cement to the contractor by purchasing from vendors, to avoid delay inconstruction. He had made the payment to the vendor but the bills were raised in the name of the contractor. He is of the opinion, if he had got the bills raised in his own name, he has to pay Service Tax. Is it correct
30 April 2015
It is not correct, no service tax payable on purchase of steel and cement.
Message likes :
1 times
02 May 2015
Dear Sir
Thanks a lot. I am sorry another dispute has come up. My client while buying and supplying steel had paid VAT to the Supplier. But the contractor is adding VAT @ 14.5% on the RA Bill which includes the steel which was bought by me client. My client is asking the contractor to exclude the VAT of 14.5% on the steel which was supplied by him though the bills were in the name of Contractor. Kindly help
Thanks a lot. I am sorry another dispute has come up. My client while buying and supplying steel had paid VAT to the Supplier. But the contractor is adding VAT @ 14.5% on the RA Bill which includes the steel which was bought by me client. My client is asking the contractor to exclude the VAT of 14.5% on the steel which was supplied by him though the bills were in the name of Contractor. Kindly help
02 May 2015
It is right to exclude steel supplied by your client.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS on Consultancy- Non DTAA
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Depreciation of fixed assets- coop housing society in mumbai
- DIN reactivation
- Eway bill generation from place other than registeted
- GST rate and HSN code for sale of racing horses
- Management System (IMS)
- Condonation . E-Verification of last year return .
- Query – TDS on purchase of land from NRI under Income-tax Act, 2025
- TDS Return Q1 FY 2026-27
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
