Subcontractor

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vignesh srinivasan (Querist)

13 February 2013 i would like to get clarrified on the below issues

1.whether servicetax is covered for subcontractor? otherthan for exempted contracts

2.If Subcontract is under composite scheme that is charging tax after abatement, can the main contractor claim input credit of such abated tax?

Arun Kumar Singh

Arun Kumar Singh (Expert)

13 February 2013 sub-contractor providing services by way of works contract to another contractor providing works contract services which are exempt from service tax under mega exemption notification No. 25/2012-ST.

vignesh srinivasan

vignesh srinivasan (Querist)

13 February 2013 sir
subcontractor not providing works covered under exempted category

Madhukar N Hiregange

Madhukar N Hiregange (Expert)

13 February 2013 sub contractor would be liable in normal course as long as his services exceed 10 lakhs.
yes even if he claims abatement, the principal can avail the credit. You may like to see the impact under joint charge.

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