works contract
This query is : Open
CA Harshit Rathi
(Querist)
12 February 2017
A pvt ltd company trading in textile cloths is making an office.. the contract for materail and labour is given to a proprietorship concern. In the bill the contractor has charged service tax on 40 % of the bill amount.
I want to know that works contract is applicable in this case ? If yes the 50% of service tax liabilty will be paid by service receiver ?
CA Kapil Verma
(Expert)
12 February 2017
if contract includes material and labour then it is a works contract.
Regards
Kapil Verma
founder TaxAdvizer.com
CA Kapil Verma
(Expert)
12 February 2017
also take care of WCT in VAT law also.
CA Harshit Rathi
(Querist)
12 February 2017
Thank You Sir
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