Service tax on material supplied by principle company
This query is : Resolved
22 December 2015
Our company making some residential flats. All construction is to be done by Contractor (Pvt Ltd Co.) but Steel & Cement is supplied by us. Kya humko steel & cement ki cost per service tax pay karna hoga through contractor agar yes, to please send me notification etc.
25 December 2015
Yes if you are availing 40% abatement. See Rule 2A of service tax (determination of value) Rule 2006.
Message likes :
1 times
09 January 2016
sir mujhe rule padhne se samajh nahi aaya
09 January 2016
sir mujhe rule padhne se samajh nahi aaya
09 January 2016
sir mujhe rule padhne se samajh nahi aaya
09 January 2016
No service tax payable on materials calculate the service portion including profit and pay service tax.
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
- ITR 3 VALIDATION
- Brokage income from sale and purchase of property
- Correction in filed Form 27Q - showing error due to deductee contact number
- Regarding Trading & Investment in Shares and MF in the context of Income tax return
- LTCG EXEMPTION AND TAX APPLICABILITY
- ITR-4- U/s.44AD- Financial Particulars of Business
- Reporting sale value mismatch for share transaction
- Error while validating
- Preparation of PL BS and presentation in ITR
- Regarding Withdrawal of unused amount in Capital Gain account scheme
- Accounting entry for instalment payments and gst obigations
- 1.25 lakh exemption in LTCG on equity not getting reflected in ITR
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Composition Dealer GST Annual Return Filing process
- Stamp Duty & Registration Fees on Sale Deed
- GST on Restaurant service
- Revision under Section 264 in The Income Tax Act, 1961
- TDS under section 195.
- Filing GST Returns after death of proprietor
- Registered Required in GST Act
Trending Online Classes
-
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
CA Nipun Arora03 September 2025 -
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)
Industry Expert15 September 2025
CAclubindia
