Meaning of sub-contract

Service Tax (Legacy) 162 views 2 replies

This is just to clarify whether i'm correct or not.

Sub-Contract basically means that a company, to whom a contract is awarded, contracts or delegates a part of it to be done by another company. The part of the contract which is delegated or outsourced to another company is called 'Sub-Contract'.

I hope i'm not wrong.

Replies (2)
Yes you are right

Yes. You are not wrong.


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