Sir, I have 2 questions.
1. Can a pure works contractor part with his inward goods to another works contractor for consideration and if so, what will be the rate of tax?
2. If a person is engaged in reparing service alone, then what rate of tax should be charged for such service?
pls clarify
Menu
Services reg
Replies (3)
Quick Summary
| Originally posted by : Nila Kesavadass | ||
 |
Sir, I have 2 questions.1. Can a pure works contractor part with his inward goods to another works contractor for consideration and if so, what will be the rate of tax?2. If a person is engaged in reparing service alone, then what rate of tax should be charged for such service?pls clarify |  |
Yes a contractor can part his good with other contractors
Rate of tax will be based on classification of goods.
For repairing service tax rate is 18%
Recent Topics :
- Police Bandobost and GST Invoice
- Understanding where manual effort goes in audit wo
- Scanned purchase bills to Tally XML with GST check
- TDS applicability of foreign remittance to Oracle
- GSTR 9 LATE FEE
- Best Online Mock Test Series for CA Inter January
- COST OF IMPROVEMENT
- Pillows and Mattresses
- GST Applicability for Reg. / Un-Reg. Indian custom
- Amended GST Act & Rules
Related Topics :
CAclubindia
