Will AMC for Fire Equipments installed and Air Conditioners will be covered under Works Contract Service and Partial Reverse Charge Scheme?
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Service tax on amc
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Yes, prima facie it will be covered under the Works Contract, provided that there are no separate agreement for material and service part.
Partial reverse charge mechanism comes into picture depending upon the class of the service provider. If service provider is anyone except a limited company service tax will be on partial reverse charge basis.
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