can somebody plz explain what is the treatment for composite contract of sales and service under Indian service tax law?
what do you mean by Transections of Deemed Sales given under Article 366(29A) of the Constitution? does it mean that no service tax is levied on transections of deemed sales
what is Dominant nature test?
You should read a good commentary in specific the "works contract" entry.
Where the service is incidental to the supply ( installation of fridge) or when good s are incidental to service ( opinion of CA in wirting) it would be a sale and service respectively.
Where both important then works contract on which VAT and servic etax would be applicable. Electroplating, powder coating, building construction etc.
Boutique Investment Bank & Transaction Advisory Firm
Gurgaon
CA
View Details
R P S K & Associates
Nashik
CA Inter
View Details
CAclubindia
