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Services reg

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Nila Kesavadass

51 Points Posted on 31 October 2020

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

Replies (3)

Quick Summary

This discussion addresses two key tax queries for works contractors. Firstly, it clarifies whether a pure works contractor can transfer inward goods to another contractor for a fee and the associated tax rate, which depends on the goods' classification. Secondly, it confirms that repair services are subject to an 18% tax rate.

CA. Heet Shah

Tax Consultant & Practitioner

6195 Points Posted on 31 October 2020

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