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Service tax rcm
company purchased wood material form x and took services from x and x raised invoice without vat, here st-rcm & wct applicability.
Replies (1)
Dear
Where supply of goods involved in execution of provision of service, it is called works contract.
Seller/provider will charge VAT as per applicable state VAT laws and service Tax
Futher, RCM shall be applicable only if Service provider is Individual/HUF/partnership firm/AOP and service receiver is Business entity registered as body corporate.
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