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
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| 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%
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