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MATTER OF WORK CONTRACT

Service Tax - Started By: - Rajeev Khulbe - Dated:- 24-2-2016 Last Replied Date:- 26-2-2016 - GOOD EVENING TO ALL EXPERT WE HIRED A CONTRACTOR FOR WORK CONTRACT ALUMINIUM PARTITION MAKE. I WANT TO KNOW ONLY THAT ON WHICH AMOUNT I WILL PAID SERVICE TA .....

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By Akash Deep - The Reply = Dear Sir, In fact there is no need to refer to Rule 2A of determination of value rules, 2006.One should refer to Rule 2A only where contractor is raising a single invoice containing charges for supply of goods as well as .....

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lready provides on what value he has paid vat and that value of goods shall be treated at value of goods for determining value of goods portion in a works contract. In fact clause (c) of explanation to Rule 2A(i) provides that where VAT or sales tax .....

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tion of value rules provides a mechanism for valuation of service portion in a works contract where it is not available. in your case contractor is already issuing saparate invoice for service portion. so no need to refer rule 2A. you simply need to .....

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to pay tax to the extent of 50% by SP ad 50% by SR. Regards Akash deep - Reply By Ganeshan Kalyani - The Reply = If separate bill is raised for material value by Charing VAT and separate bill for labour charges, then service tax liable is not on you. .....

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