TMI BlogService tax on Works contract executed for Water supply and Drainage Board -regX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear sir, In view of the finance bill 2012 and the Ministry of finance circular no. 334 /1/ 2012 -TRU dt 16.03.2012 with the Negative List approach for taxation of services is being introduced in the current fiscal. Under the new approach, all services except those in the Negative List or otherwise exempted, would come into the tax net with effect from 1st July, 2012. What will be t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he position of works contract to be executed for Water Supply and Sewerage Board like Sewage treatment plant, drinking water supply projects, laying of sewage line etc. Tamil Nadu Water Supply and Drainage Board, Gujarat water supply and sewage board etc., whether the Sewage board are covered in the Local authority as clarified by Joint commissioner vide above mentioned circular. We shall ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... be thankful if you could forward your opinion in respect of the service tax implications on these projects. Regards N.Balachandran - Reply By Vijay Chitte - The Reply = As per Mega exemption notificaiton 12/2012-ST , Point No. 12(e) water severage treatment are exemption from service tax. YES, Tamil Nadu Water Supply and Drainage Board, Gujarat water supply and sewage board etc this a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... re covered in local authority. - Service tax on Works contract executed for Water supply and Drainage Board -reg - Query Started By: - N Balachandran Dated:- 14-6-2012 Service Tax - Got 1 Reply - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ..... X X X X Extracts X X X X X X X X Extracts X X X X
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