RV transporter(vendor) is taken sub contract work(renting of Plant & machineries ) to L&T engaged in construction of Metro rail project.
as per service tax mega exemption notification L&T is exempted for payment of service tax on metrol rail project.
is sub contractor for hire of p&M (R V transporter) is liable to pay service tax or can avail exemption?
plz suggest.
Yes, you are liable to pay service tax for the services rendered by you to L&T.
taxscholar.wordpress.com
Dear Hari,
The exemption can only be extended to a sub-contractor, if the contract is a works contract even in the hands of the sub-contractor [Para 29(h) of the Mega Exemption Notification]. Hence, you would be required to pay Service tax.
VIKAS VERMA & CO
New Delhi
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