Service tax on works contract

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

30 August 2014 Sir

I am working in a company and we have given a contract for renovation of toilet.

Now we have received the bill and they have charged service tax on 50% of labour charges portion only.I have the following queries.

1. whether we have to pay service tax on balance 50% of labour charges on reverse charge basis.

2. Can we claim the cenvat credit of service tax paid by us and as well as charged on bill??

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
Follow

30 August 2014 1. Partial revese charge is applicable on works contract.
2. You have to pay 50% portion of service tax
3. You can avail CENVAT credit of service tax paid to service provider as well as service tax paid under reverse charge

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

R M Shekhaliya

Amit Goyal

SHRI HARIRAO

Frank

Pushkar Nagda

Subscribe Now

Service tax on works contract

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Accountant

GST CONSULTANT

CA Final

Manager- Finance and Compliance

GST CONSULTANCY