9911796707
TMI Blog2013 (12) TMI 1380X X X X Extracts X X X X X X X X Extracts X X X X ..... ervice Tax on the works contract - appellant had followed the said procedure. Be that as it may, we also find strong force in the contentions raised by the ld.Counsel that if the Revenue authorities want to tax the services under Commercial or Industrial Construction services, they are eligible for abatement of 67% of the value which has been charged and collected by them - Stay granted. - Appeal ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... truction of a particular area in the cricket stadium by BCCI and had done so, considering it as a Works Contract. It is his submission that they have paid VAT on the said Works Contract. It is also his submission that after noticing that they are liable to pay Service Tax, the appellant took the registration under Works Contract on 15.07.2010 and opted for Composite scheme under the Works Contract ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... made by both sides, we find that the issue involved is regarding interpretation of provisions of Rule 3(3) of the Works Contract (Composition Scheme for payment of Service Tax) Rules, 2007. We find from the plain reading of the said Rules, an assessee is eligible to opt for the Service Tax only if he exercises an option prior to payment of Service Tax on the works contract. In the case in hand, w ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
