09 January 2016
A proprietorship firm done work of fabrication & erection of retro reflective signage board for a body corporate. Now firm raise composite bill (no bifuracation of material and labour)for the work i.e. for more than Rs 75000/-
My question whether this works comes under RCM of work contract as Proprietorship firm erected sign board and fix it to side of Road. whether body corporate required to pay service tax on 40% value under RCM.
CAclubindia
