TMI BlogSercice tax liability if some materials supplied by contracteeX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir, Kindly clarify whether the gross up is required to calculate the service tax if iron steel rods purchased by contractee and used in the construction of a building? This iron steel rods ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... costs are not included in the work contract given to contractor. Company will capitalize that iron steel costs in the building. If gross up is required then will it be applied for the both the contr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... actor contractee while calculating the service tax liability? kindly advice. Thanks Regards, bcb - Reply By Madhukar N Hiregange - The Reply = As long as the FOC material is not included in t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he value of the WC awarded there may be no need to include that value [ rods etc supplied] under JC the value of the contract and no need to add FOC material. Refer Bayana Builders - Sercice tax lia ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... bility if some materials supplied by contractee - Query Started By: - Bhairob Chandra Bor Dated:- 29-4-2014 Service Tax - Got 1 Reply - Service Tax - Discussion Forum - Knowledge Sharing, reply post ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... by 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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