I am constructing a commercial building. The construction is done through a sub-contractor. Can you please let me know what is the service tax I would need to pay on the total amount? sub-contractor will take care of the labor and material costs. Also, since we are paying excise or VAT for materials, are there exemptions or tax credits for materials like steel or cement?
thanks
| Originally posted by : Rohan | ||
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Are you a main contractor or you getting commercial construction done for yourself? Also, are you providing steel and cement to the service provider @ concessional rate or FOC? |
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Getting commercial construction done for myself. I am planning to order cement directly from the manufacturer.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
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