Work contract
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 November 2016
Good After Noon Sir,
I am Ravi Pratap working in Construction Company (Pvt. Ltd.). Sir we have received work Contract from Real Estate Company (Pvt. Ltd.) for Internal Development of Residential Area like Construction of Road, Children Park, Sewerages.
My Query is that can we Charged Service @ 6% (Including SBC & Krishi Kalyan Cess) on Work Done on RA Including (Construction of Raod, Construction of Children Park and Sewerage). Kindly guide because before 6th of November 2016. We will deposit our Service Tax Liability.
I am Ravi Pratap working in Construction Company (Pvt. Ltd.). Sir we have received work Contract from Real Estate Company (Pvt. Ltd.) for Internal Development of Residential Area like Construction of Road, Children Park, Sewerages.
My Query is that can we Charged Service @ 6% (Including SBC & Krishi Kalyan Cess) on Work Done on RA Including (Construction of Raod, Construction of Children Park and Sewerage). Kindly guide because before 6th of November 2016. We will deposit our Service Tax Liability.
02 November 2016
I am assuming it is original works contract, then service tax is payable on 40% of work contract value.
For more details refer https://www.cbec.gov.in/resources//htdocs-servicetax/st_determtn_value_rules.pdf
For more details refer https://www.cbec.gov.in/resources//htdocs-servicetax/st_determtn_value_rules.pdf
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