Service tax on fixing of signage board

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aprajita (Querist)
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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.

CA. Divyansh Agarwal

CA. Divyansh Agarwal (Expert)
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09 January 2016 liability in rcm is 50-50 hence service receiver will pay 50% liability and balance will be paid by service receiver on 40% value.

aprajita

aprajita (Querist)
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09 January 2016 thanks sir
I want to know whether erection and fixing of sign board is work contract

CA. Divyansh Agarwal

CA. Divyansh Agarwal (Expert)
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09 January 2016 WORKS CONTRACT IS DEFINED WHEN GOODS IS SUPPLIED WITH ALONG WITH THE SERVICES AND SUCH GOODS ARE CHARGEABLE TO VAT.

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)
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01 February 2016 It depends on terms of contract.

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