Works Contract Service

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..... Works Contract Service
Query (Issue) Started By: - SANDESH SHINDE Dated:- 29-7-2015 Last Reply Date:- 29-7-2015 Service Tax
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Service Tax
Dear Sir, Under Works Contract Service .....

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..... if the Service provider is not considering any 40% or 70% of works contract service. In case of AMC He is just charging 50% of 14% i.e 7% his Service Tax portion and balance 50% of 14% i.e 7% Service .....

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..... tax rate to be paid by us as service receipent.Therefore please explain us whether it is correct. He is not charging any Vat.Thanks & Regards Reply By Rajagopalan Ranganathan: The Reply: Sir, Aba .....

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..... tement of 49% or 70% can be availed only when the service provider pays service tax on the entire value of work contract service. If he did not supply any goods during the provision of service he will .....

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..... charge service tax on the entire value of the service portion of the works contract. Out of which he will pay 50% and you will pay 50% as service receiver. Therefore what is done by your service prov .....

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..... ider and you is legally correct.
Discussion Forum - Knowledge Sharing .....

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