Regarding work contract
This query is : Resolved
ANAND KUMAR OJHA
(Querist)
06 April 2013
Sir,
i am doing reapair and mantenance of smps power supply which convert 220v ac to 48v dc in BSNL.the rate offer for repairing unit is including material. I have purchased electronics component from market and utilised those component for repairing the unit.BSNL is paying 50% service tax.I want to know whether my service comes under work contract.If yes then how much service tax is applicable. if no then what will be the service tax.
Thanks
i am doing reapair and mantenance of smps power supply which convert 220v ac to 48v dc in BSNL.the rate offer for repairing unit is including material. I have purchased electronics component from market and utilised those component for repairing the unit.BSNL is paying 50% service tax.I want to know whether my service comes under work contract.If yes then how much service tax is applicable. if no then what will be the service tax.
Thanks
MJ Krishnamurthy
(Expert)
07 April 2013
As your work includes supply of matterial also you have to register under VAT Act also and pay tax on the consumed material at appropriate rate. Secondly,on the balance part service tax liability arises. If BSNL pays 50%(of what? is it of the whole billed amount?)then you have to calculate the full liability,reduce the amount already paid by bsnl and pay the balance to the govt.The rate adopted by bsnl will be the same for your part also.
Let ST experts also view this annswer and add,if any required.
Let ST experts also view this annswer and add,if any required.
ANAND KUMAR OJHA
(Querist)
08 April 2013
Sir,
what will be the rate of tax for consumed material in work contract in Madhya Pradesh.
Thanks
what will be the rate of tax for consumed material in work contract in Madhya Pradesh.
Thanks
28 May 2013
I agree with the expert
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
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Capital Gail Exemption Certificate
- Utilisation Fy 25-26 TDS challans in Fy 26-27 TDS Return
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Oct 2025 Invoices
- MSME disclosure and disallowance
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- 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
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
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
