Whether a Contractor liable to pay Service tax on P&M Hire equipment in a Railway Project ?
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Service tax on p&m hire in railway projects
Replies (3)
Yes, is is a taxable service and various portion under Reverse Charges.
The context is, Railway project means the Railway Cosntruction project awarded to a Construction company (The Contractor), As per Finance Act, any service being executed for Railway Projects is exempted. In this case, If P&M Equipment is hired by the contracot for using in the construction activity, whether the P&M Equipment supplier can charge service tax and the contracot liable to pay the service tax. Please quote the serive name and section.
In this regard you can clim exemption under Mega Exemption 25/2012 dt. 20.06.2012.
Further taxable service under construction head, i.e. Commercial, Industrial, Resident complex and Work contruct Services under section 65(25b) of the Fiance Act, 1994, and section 65 (zzq) Tax collection 00440290, other receipt 00440291, Penalty 00441399, Refund, 00440292.
If having other queries in this regard plz forward the same.
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