Service tax on Works contract
This query is : Resolved
08 November 2008
Dear Sir,
We are doing mechanical works contract which taken from Government and also private.
For exp. Irrigation dame gates (like Nagarjunasagar gates), water shed gates, Canal gates and power house gates and related installation, erection and commissioning.
1. is it covered service Tax? If yes, what is the service tax liability
2. if we taken composition what about Input services
A) in the above contract taken with material
How to calculate tax liability? Can I opt composition? What about Input services?
B) if taken without material (i.e. only installation, Erection and commission)
How to calculate tax liability? Can I opt composition? What about Input services?
Thank you sir
balu
We are doing mechanical works contract which taken from Government and also private.
For exp. Irrigation dame gates (like Nagarjunasagar gates), water shed gates, Canal gates and power house gates and related installation, erection and commissioning.
1. is it covered service Tax? If yes, what is the service tax liability
2. if we taken composition what about Input services
A) in the above contract taken with material
How to calculate tax liability? Can I opt composition? What about Input services?
B) if taken without material (i.e. only installation, Erection and commission)
How to calculate tax liability? Can I opt composition? What about Input services?
Thank you sir
balu
08 November 2008
1.Yes
2.NO.
A)Yes,Input services no.
B)If it is without material where is composition?
2.NO.
A)Yes,Input services no.
B)If it is without material where is composition?
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