In case of Civil Contracts two major components are Material and Labour.In case of materials you have to charge VAT and in case of Labour you have to charge Service Tax.Whats is the basis of dividing both in the contract price to charge the respective Taxes.Can anyone provide the relevant provisions
Menu
Service tax on civil contracts
Replies (2)
Claim abtement under noti.1/2006.
Sharma G,
You can ask to the enggr. to give you compeletion certificate and then calculate accordingly material used and labour applied.
I think this would be the better way !!!
Recent Threads
- GST Tax invoice Value Rs..234000
- Can I claim benefit under 54F if I sell my equity
- Income tax refund 25/26
- Who is responsible for paying GST Liability (If th
- Excess Payment on RCM
- AOC4 auto population of previous year data
- Exports against INR PO payable by Domestic Company
- Which websites are best for government exam prepar
- TDS on maturity payment of LIC of india
- ITR2 Gold ETF short and long term
Related Threads
CAclubindia
