TMI BlogTaxes on warranty services & annual maintenance contractX X X X Extracts X X X X X X X X Extracts X X X X ..... Taxes on warranty services & annual maintenance contract X X X X Extracts X X X X X X X X Extracts X X X X ..... What will be tax applicable on warranty services provided on any product? What will be tax applicable on annual maintenance contract (AMC)? Reply By pradeep khatri: The Reply: On the AMC contracts, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... VAT/CST (as the case may be) will be applicable. Further, AMC Contract will also attract Service Tax on the Services Portion only ,if , the proper records are maintained accordingly. If the warranty ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... services are free of cost, then, service tax will not be applicable otherwise it is applicable. X X X X Extracts X X X X X X X X Extracts X X X X
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