WORK CONTRACT SERVICE IS TAXABLE UNDER SERVICE TAX.
SUPPOSE A WORK CONTRACT ( CONSTRUCTION OF BUILDING) (BY A BUILDER) IS SUB-CONTRACTED TO A SUB - CONTRACTOR.
THAN WHO IS LIABLE TO PAY S.T. ??---THE BUILDER OR THE SUB - CONTRACTOR??
(IT IS A WORK CONTRACT AS IT INCLUDED SUPPLY OF MATERIAL + SERVICES.)
If sub contractor is only a labour contractor then over the Rs. 10 Lakhs limit if eligible liable to pay ST.
In other cases where the SC is a wct then liable beyond small service exemption limit ofRs. Laksh. 50% liability if individual, firm etc. Balnace 50% payable by the contractor.
If sub contractor is only a labour contractor then over the Rs. 10 Lakhs limit if eligible liable to pay ST.
In other cases where the SC is a wct then liable beyond small service exemption limit ofRs. Laksh. 50% liability if individual, firm etc. Balnace 50% payable by the contractor.
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