Dear Sir,
A company is a manufacturing equipment. Company is registered under excise. The equipment is to be installed at site with the help of crane, tools & tackles & labour. The scope of crane, tools & tackles & labour is with customer. Only supervision is in scope of manufacturer. The % of value of supervision is 0.7% of order value( @ Rs.10000).
Pl. let us know the taxes applicable on this supervision.
Regards,
Prashant
First register under service tax as work contract and charge WCT @ 4.12%
if you make a seprate invoice for supervision you charge WCT.
If you not make a seprate invoice for supervision you not charge WCT
Since order value is Rs.10000/- you are covered under WCT. and ST if your supervision charge exceed Rs:9,00,000/- then make it registered under ST.
Regards
DNK
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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