Service tax on world bank aided project
VIJAY SINGH (ACCOUNTANT) (38 Points)
13 January 2017VIJAY SINGH (ACCOUNTANT) (38 Points)
13 January 2017
Nagendra Hegde
(Chartered Accountant)
(1948 Points)
Replied 13 January 2017
Entry 12 of mega exemption notification 25/2012-ST provides for possible exemption in case of Services provided to the Government, a local authority or a governmental authority by way of construction, erection, commissioning, installation, completion, fitting out, repair, maintenance, renovation, or alteration of
(d) canal, dam or other irrigation works;
Proper legal opinion could be obtained to ensure the exemption as the other aspects such contractual terms etc would influence the aspect of taxability.