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Comprehensive amc is work contract?
suppose a company is charging a service tax on full amount of comprehensive AMC and whether he should charge S.T on 100% or 70% as in the case of Work contract?
Replies (3)
@ Bikash
If Bifurication of material value and Service value is available then 100% of tax need to be paid on Service value. If not tax can be paid on 70% of Total value charged from customers
IS comprehensive AMC IS 100% WORK CONTRACT?
In case of WC can anyone charged vat 100% on WC amount without bifurication?
@ Bikash
Please explain your above query in detail
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