Liability of service tax in Turn-key job

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..... Liability of service tax in Turn-key job
Query (Issue) Started By: - RAJAN KADREKAR Dated:- 24-1-2006 Last Reply Date:- 29-1-2006 Service Tax
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Service Tax
Whether service tax i .....

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..... s payable on the entire contract value of Interior Designer with Turn-key job having borne Composition Tax @8% under MVAT or only on 33% of such contract amount after deduction for materials @ 67% tho .....

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..... ugh actual material component in some items say POP work is lower than 67% (i.e.30% material) or Furniture Items having materail component higher than 75%. Kindly enlighten & oblige.with warm regards .....

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..... Rajan Kadrekar Reply By Surender: The Reply: There is no specific exemption which is available for a composit contract undertaken by an interior contractor. However, that person may avail the benefi .....

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..... t of notification no. 12/2003 for the cost of material involved in this contract.
Discussion Forum - Knowledge Sharing .....

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