Service tax payable with sales TAX TDS
Santosh Kaluskar (Proprietor) (47 Points)
28 January 2010Santosh Kaluskar (Proprietor) (47 Points)
28 January 2010
Vishwas
(Articled Assistant)
(29 Points)
Replied 29 June 2010
Hello,
My client is registeed under COT, and he is paying sales tax regularly, now my querry is whether he is liable to Service tax and if yes at HOW much percent ?
Seniors please help,
Thanks & Regards
Vishwas
Dilip Darji
(392 Points)
Replied 29 June 2010
If the job entrusted to you is covered under the defibnition of WORKS Contract and property in the goods is transferrred and the contract is leviable to tax as sale of goods, you are required to pay only sales tax and not Service Tax.
Otherwise also works contract in respect of road, airports, railways, transport terminals, bridges, tunnels and dams are excluded.
Please refer the cefinition of Taxable Service under Sub-clause (zzzza) of Section 65 (105) of The Finance act, 1994.