Service tax on Errection
This query is : Resolved
balasundaram
(Querist)
08 November 2008
Dear Sir,
We are executing works contract following lines
A) all materials supplied by Principal contractor (party), we are doing installation, erection and commission
1) what is the service tax liability
2) can I opt composition scheme
3) if we want to Determine the transfer of property, how can I determine
The transfer of property because we are not maintain the record of purchase by Party
B) all materials supplied by Principal contractor (party), we are doing Fabrication only
1) is applicable service tax or Excise ? if yes, explain the detailed law
C) we have received a sub Contract for Dame Erection and commissioning, in this contract main material supplied by Party and some quantity of material is scope of ours. Exp. As follow:
Total Works contract value : 1,00,000
Our contract value : 25,000 out of 1,00,000
In the value 25,000 included material cost is 10,000
1) In the above view service tax vise under which category?
2) Can I opt composition?
thank you
balu
We are executing works contract following lines
A) all materials supplied by Principal contractor (party), we are doing installation, erection and commission
1) what is the service tax liability
2) can I opt composition scheme
3) if we want to Determine the transfer of property, how can I determine
The transfer of property because we are not maintain the record of purchase by Party
B) all materials supplied by Principal contractor (party), we are doing Fabrication only
1) is applicable service tax or Excise ? if yes, explain the detailed law
C) we have received a sub Contract for Dame Erection and commissioning, in this contract main material supplied by Party and some quantity of material is scope of ours. Exp. As follow:
Total Works contract value : 1,00,000
Our contract value : 25,000 out of 1,00,000
In the value 25,000 included material cost is 10,000
1) In the above view service tax vise under which category?
2) Can I opt composition?
thank you
balu
S.Srinivasaraghavan
(Expert)
08 November 2008
1)Service tax is on value of service provided.
2)Where is the necessity?
3)Your query not understood.
B)Already answered.
C)ST liability on the value of your contract only.
2)Where is the necessity?
3)Your query not understood.
B)Already answered.
C)ST liability on the value of your contract only.
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