Service tax
This query is : Resolved
13 October 2015
Dear Sir,
I am working in a NGO. Recently we have signed a agreement with CSR regarding construction of a new pond in their project area. The details of budget is as under-
1) Purchase of cement, sand etc. Rs. 15,00,000
2) Labour Rs. 5,00,000.00
3) Our services charges (Admn.) Rs. 2,00,000.00
Total project cost is Rs. 22,00,000.00
My question is whether we have to charges the services tax @14% on total project cost i.e. 22,00,000.00 or on our Admn. charges i.e. Rs. 2,00,000.00
Here we have to purchase and arrange all the material etc.
Kindly suggest
Regards
Ravi
9406501655
I am working in a NGO. Recently we have signed a agreement with CSR regarding construction of a new pond in their project area. The details of budget is as under-
1) Purchase of cement, sand etc. Rs. 15,00,000
2) Labour Rs. 5,00,000.00
3) Our services charges (Admn.) Rs. 2,00,000.00
Total project cost is Rs. 22,00,000.00
My question is whether we have to charges the services tax @14% on total project cost i.e. 22,00,000.00 or on our Admn. charges i.e. Rs. 2,00,000.00
Here we have to purchase and arrange all the material etc.
Kindly suggest
Regards
Ravi
9406501655
13 October 2015
Dear Sir,
In your case, service falls under "declared service" and it is "Works Contract". Hence service tax is payable on the 40% of the total value of contract i.e., 40%*22L*14%= Rs.123200/-
In your case, service falls under "declared service" and it is "Works Contract". Hence service tax is payable on the 40% of the total value of contract i.e., 40%*22L*14%= Rs.123200/-
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
- DELIVERY GOLD & SILVER AND OTHER ETF TRADING PROFIT AS BUSINESS INCOME
- GSTR-1A How to update Invoice
- Excess salary payment.
- 3cd- cash system of accounting is allowed?
- Provision for loans that are under Revenue Recovery
- Form 121-contradictory opinions
- APPLICABILITYOF GST ON STUDENT HOSTEL FEES
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Stamp Paper for partnership firm change new income tax 2025
- TDS on Purchase of Immovable Property by NRI from NRI
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
