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Sub contractor- exemption from service tax

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..... One of the contractor has been awarded the trunkey work of renovation of STATIDUM . The award letter clealy state for reimbusement of service tax. The Contract was awarded prior to 01.03.2008 and cont .....

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..... actor was paying 2 % under composition scheme. From 01.03.2008, the contractor is paying 4 % as service tax besides the work contract tax i.e VAT . The subcontractor are also claiming the service tax .....

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..... from the contractor. My QUERY IS : 1. Whether, such sub contractor can avail the expemption from service tax , being sub contract. 2. If the contractor has to pay the service tax on subcontract, Will .....

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..... he claim the CENVAT Credit under composition scheme - Reply By V Ramanujam - The Reply = As I understand, unlike VAT provisions, in the case of service tax, tax is chargeable in both the hands of con .....

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..... tractor and sub-contractor. Thus (1) there is no exemption from service for being sub-contract and tax is to be collected/paid by him. (2) If both sub-contractor/Contractor opts for composition schem .....

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..... e, then no CENVAT credit can be claimed by them. - Sub contractor- exemption from service tax - Query Started By: - AJAY KUMAR Dated:- 5-7-2008 Service Tax - Got 1 Reply - Service Tax - Discussion .....

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..... Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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