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SERVICE FROM UNREGISTERED DEALER

Robin verma (CA FINAL) (97 Points)

20 February 2017  
Can a registered work contractor take service from unregistered contractor for more than Rs 10 Lacs in a FY.

 3 Replies

Nagendra Hegde (Chartered Accountant) (1948 Points)
Replied 20 February 2017

yes he could. if the service provider is a body corporate, then the service tax liab would be on such service provider

Nagendra Hegde (Chartered Accountant) (1948 Points)
Replied 20 February 2017

otherwise, liability is on receiver to the extent of 50% ,depending on the nature of works contract, the valuation also would differ

Robin verma (CA FINAL) (97 Points)
Replied 20 February 2017

Is Regn not required if turnover is more than 10 lacs

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