Hello,
if a person is taking contract from another to repair or renovation services any building used for commercial purpose. then can he claim abetment available under construction services.
Hello,
if a person is taking contract from another to repair or renovation services any building used for commercial purpose. then can he claim abetment available under construction services.
No, Repairs & renovation is not covered under constructiopn service. It is covered under works contract.
Agree with Priyul,
You should refer to the valuation mechanism of 60% or 70% of the total contract value as applicable to a works contract service under Rule 2A of the Service Tax (Determination of Value) Rules, 2006.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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