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WORK DONE ON CONTRACT BASIS, Service Tax |
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WORK DONE ON CONTRACT BASIS |
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IN CASE A PERSON (INDIVIDUAL) DOES SOME WORK ON CONTRACT BASIS FOR THE YEAR 2010-11, THE VALUE OF WHICH EXCEEDS RS. 10 LACS, WHETHER HE HAS TO TAKE THE REGISTRATION UNDER SERVICE TAX LAWS. PLEASE REPLY ME Posts / Replies Showing Replies 1 to 2 of 2 Records Page: 1
Yes, as and when he reachs or cross the threshold limit of Rs. 9.00 Lacs, he has to get himself registered with Service Tax Department and when he reachs or cross the threshold limit of Rs. 10.00 Lacs, then he would have to charge service tax and would have to start depositing it to the Department.
Yes, i also agree with the above view. However, the following points may be verified before applying for registration under Service Tax :. (i) Whether the WORK DONE ON CONTRACT BASIS actually falls under the category of service tax and if so, under which category of services does it fall.. (ii) Whether there are any exemptions or abatement available for such services.. Page: 1 Old Query - New Comments are closed. |
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