Service tax on tools and tackels
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 February 2015
If a service provider added 1% of labour charges as Tools and Tackles in his bill. and charges Service Tax on (Labour charges+Profit earned+Tools and Tackles) then it is clear that Service tax is to be levied on Labour charges and profit earned but whether service tax is applicable on Tools and Tackles or not (Which is estimated to be 1% of Labour charges). Please opine on the same.
19 February 2015
Service tax applicable on charges collected for use of tools and tackles.
“Section 65 (105) “taxable service” means any [service provided or to be provided], - [(zzzzj) to any person, by any other person in relation to supply of tangible goods including machinery, equipment and appliances for use, without transferring right of possession and effective control of such machinery, equipment and appliances;]”
“Section 65 (105) “taxable service” means any [service provided or to be provided], - [(zzzzj) to any person, by any other person in relation to supply of tangible goods including machinery, equipment and appliances for use, without transferring right of possession and effective control of such machinery, equipment and appliances;]”
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
- TDS on Consultancy- Non DTAA
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Reopen of assessment proceeding
- Depreciation of fixed assets- coop housing society in mumbai
- EPF FULL & FINAL RULES IN 2026
- GST rate and HSN code for sale of racing horses
- Rental income gst and it purpose
- Eway bill generation from place other than registeted
- TDS Return Q1 FY 2026-27
- DIN reactivation
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
