TMI BlogReverse Charge- On work ContractX X X X Extracts X X X X X X X X Extracts X X X X ..... Under reverse charge mechanism, 50% service tax is to be paid be contractee. As per Section 65B(54) "works contract" means a contract wherein transfer of property in goods involved in the executi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on of such contract is leviable to tax as sale of goods and such contract is for the purpose of carrying out construction, erection, commissioning, installation, completion, fitting out, repair, maint ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... enance, renovation, alteration of any movable or immovabl e property or for carrying out any other similar activity or a part thereof in relation to such property In view of above whether ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... contractee have to pay service tax under reverse charge mechanism on expenses like vehicle repair expenses , computer maintenance, plant machinery repair , supply of food, printing of office stati ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... onery ext. - Reply By CA Rachit Agarwal - The Reply = Contractee would be required to pay 50% of the service tax payable vide notification no15/2012 dated 17th March 2012. - Reverse Charge- On ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... work Contract - Query Started By: - Sanjeev Sharma Dated:- 13-7-2012 Service Tax - Got 1 Reply - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax M ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... anagement India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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