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 Topic
- Itr schema a.y 26-27 v/s form no.16
- Advance Tax for senior citizen with small speculat
- Zero income tax on Capital Gain on sale of house p
- Rental income calculation for 12months
- PF Withdrawal before completing 5 years
- Discrepancy in "Processed By Source" and
- Dilemma of Indian Dependant Housewives
- TDS console file not open in RPU 1.1
- ITR 3: BFLA schedule not correct
- Dividend on foreign stocks in ITR2
Related Topics
CAclubindia
