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Difference between Repair & Maintenance & works contract

Service Tax - Started By: - kutub sheikh - Dated:- 4-10-2016 Last Replied Date:- 5-10-2016 - Dear SirPls explain the difference between works contract & Repair & Maintenance works with example & rate of S TaxThanks - Reply By Ganeshan Kal .....

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rection, commissioning, installation, completion, fitting out, repair, maintenance, renovation, alteration of any moveable or immovable property or for carrying out any other similar activity or a part thereof in relation to such property; - Reply By .....

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tal amount charged for the works contract; 2[(B) in case of works contract, not covered under sub-clause (A), including works contract entered into for,- (i) maintenance or repair or reconditioning or restoration or servicing of any goods; or (ii) ma .....

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for the works contract] - Reply By Ganeshan Kalyani - The Reply = Pls refer below provision existing prior to 01.07.2012, for your understanding of the terms mentioned in your query.[(64) management, maintenance or repair means any service provided .....

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or (c) maintenance or repair including reconditioning or restoration, or servicing of any goods, excluding a motor vehicle;] D3[Explanation.- For the removal of doubts, it is hereby declared that for the purposes of this clause,- (a) goods includes .....

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Reply = In simple words Repair means: to put something that is damaged, broken, or not workingcorrectly, back into good condition or make it work again. Maintenance means: 1. Activities required or undertaken to conserve as nearly, and as long, as p .....

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pense that, unlike capital improvement (which extends an asset's life), is not capitalized. 3. Engineering: Actions necessary for retaining or restoring a piece of equipment, machine, or system to the specified operable condition to achieve its m .....

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ise invoice and charge STax 70 % of service value with RCM clearly showing in invoice. now i got a job for ovehauling of motors which comes under Repair & Maintenance , my query is on what portion i should charge STAX wether 100 % or after any ab .....

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