Is Vehicle repairing ( with material ) works contracts?
service provider is individual and not having service tax reg.
service receiver is company.
Menu
Works contract
Replies (1)
yes, it comes under the purview of works contract as it involve repairing activity of an movable property.
as reverse charge is applicable on works contract..the company receiving has to pay 50% of the service tax..rest part will be borned by service provider..but the service provider will get an basic exemption of 10 lakhs
Recent Topic
- Form 10E u/s. 89(1). Need clarification because Ex
- Long Term Capital Loss - Tata Capital unlisted sha
- Section 54F deduction - GST and Stamp Duty cost wh
- Professional Crossed 20 Laks in Dec 26 Failed to T
- F&O in ITR
- CA Final Self pace Module
- Query Regarding House Ownership Transfer Reflected
- Money transction within Family
- ITR-2 salary breakup updation
- Application for ₹2 Crore Term Loan under Cre
Related Topics
CAclubindia
