Dear Friends,
My query is, i am doing sub contract on behalf of a vendor who is doing contract for Railways. As per service tax rule contract for railways, Bridge, dam etc is exempted. In other words the contract for railways, bridge, dam, trunk etc is not to be treated as works contract. My opinion is since i am billing to my vendor i can treat the same transaction as works contract. Am i right ? Kindly reply
CAclubindia
