TMI BlogSERVICE TAX SUB CONTRACTED WORKX X X X Extracts X X X X X X X X Extracts X X X X ..... DEVELOPER FIRM (OWNER OF THE LAND) EXECUTING RESIDENTIAL COMPLEX PROJECT HAS SUB CONTRACTED STRUCTURAL WORK TO REPUTED BUILDER AND SERVICE TAX (INCLUDING S T ON MATERIAL SUPPLY) + VAT CHARGED IN RA B ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ILLS ARE PAID. DEVELOER FIRM CONTENDS THAT AS PER BOARD'S circular no 108/02/2009 DATED 29.01.2009 (NOT RESCINDED BY THE BORAD TILL DATE) SUB CONTRACTOR SERVICE AVAILED BY IT IS TO DEDUCTED WHILE ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ARRIVING FIRM'S TAX LIABILITY. IS THE CONTENTION CORRECT ? ON THE OTHER HAND IF 75% ABATEMENT IS AVAILED AND CENVAT CREDIT IS ALSO TAKEN ( AFTER 01.07.2012) DEVELOPER FIRM'S TAX LIABILITY IS NEGATI ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... VE (THAT IS REFUND). IS IT CORRECT ? - Reply By MANDAVILLI RAMAKRISHNA - The Reply = yes. ST paid to sub contractor can be taken as input and after abatement, excess amount was resulted, refund c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... an be claimed. - SERVICE TAX SUB CONTRACTED WORK - Query Started By: - GANESH KANCHAN Dated:- 18-11-2012 Service Tax - Got 1 Reply - Service Tax - Discussion Forum - Knowledge Sharing, reply post b ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y an expert, personal opinion Tax Management 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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