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payment of vat under works contract service

Service Tax - Started By: - jagannath prasad - Dated:- 15-1-2017 Last Replied Date:- 18-1-2017 - Your valuable suggestion is solicited on the following points:-1. From service tax angle,should Vat be actually paid on transfer of material in a composite contract for it to be considered as 'works contract' OR material should be simply leviable to VAT as per definition of Works Contract.2. Is Deptt. right in not giving benefit of works contract to contractor of builder of residential comple .....

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convince the department.4. Can the contractor be considered as not eligible for Works Contract in the above circumstance when there is no dispute reg use of material in construction of building by the contractor specially in light of payment of tax under reverse charge already made by the builder on audit's insistence. In that case what will happen to the already deposted tax under reverse charge by the builder. - Reply By KASTURI SETHI - The Reply = Sh.Prasad Ji, Point-wise my views are as .....

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dence. VAT is must whether you sell or use the material in the construction, if VAT is applicable.. It is also a fact that all goods are not subject to VAT but that is separate issue. 2.No.. The department is not right. VAT is an additional evidence which is a State subject and Service Tax Department has nothing to do but on the other hand you must have purchase bills for claiming the benefit of Service Portion under Notification 24/12-ST. Purchase Bills are requirement of Service Tax law. If yo .....

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