banner_ad

Service tax query

Service Tax (Legacy) 697 views 1 replies

Expert’s Opinion are Invited:

 

Company XYZ Pvt Ltd. (A manufacturing unit) has got an Invoice for Reparing Work (Construction) done for its Godowns, for Rs. 100000.

 

Is Company liable for any Service Tax ? If yes, for what amount ?

Replies (1)

Reverse charge would apply if it is a works contract and service is received from an individual, HUF or a partnership firm.

 

If it is a pure service contract, then reverese charge would not apply. However, if there is transfer of property in execution of contract it will be works contract and covered under other works contarct. Under works contract if service receiver is individual. HUF or partnership then reverse charge would apply and service receiver and service provider both are required to discharge 50% of the service tax liability. 

 

Abatement at the rate of 40% is available under other works contract. [Notification no 24/2012]


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Related Topics
Loading
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details