S. tax liability in case of works contract

My client is a Works Contractor, going to construct a swimming pool. Total bill raised Rs. 50000/-(nclusive of all taxes and value of materiala) as  a part performence , Against which total purchase was made of Rs. 4000/-

comute service tax liability ?

Replies (5)

Is the pool constrcuted as part of single house, residential complex, hotel or commercial complex ?

sir,  that pool constructed in a park, the entire park is oned by a sports club,

Pool constructed in relation to a building intended for commerce is taxable. Rate is 4.12% of groos amount if compoistion is opted. Otherwise 10.3% of the labour portion of the work.

Sir under composite Tax scheme how much i have to pay  ?

Shall I eligible for Cenvat on input .

If composition is opted, 4.12% of the gross contract amount including material cost. Cenvat on input is not available while input services and capital goods are eligible.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 29 October 2026
Accounts Executive

Synergy Keystone

Chennai

B.Com

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
19 October 2026
Accountants/Articles (Freshers/Experienced)

ADY & CO.

New Delhi

Graduate (Any)

View Details
Company
24 October 2026
CA Industrial Trainee

Fytomax Nutrition Private Limited

Aurangabad

CA Inter

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
31 October 2026
Accountants

sankaran and krishnan

New Delhi

B.Com

View Details
Company
ARTICLESHIP 25 October 2026
Article Intern (CA Articleship)

Arpan Bohra & Co

Hyderabad

CA Inter

View Details
Company
28 October 2026
Assistant Director/ Associate Director-Finance & Accounting

Krea University

Chennai

CA

View Details