TMI BlogTAXATION CLARIFICATIONX X X X Extracts X X X X X X X X Extracts X X X X ..... Sir, balance has handling system works which involves Design,Engineering,procurement supply of material,erection,testing and commissioning was awarded to a contractor. The above works contract ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... has two parts viz., supply contract and service contract. Please clarify what taxes to be applied to: a. Supply contract b. Service contract - Reply By Ganeshan Kalyani - The Reply = This is ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... a works contract service. This has been always in debate for taxing works contract service may it be under vat act or service tax. Under service tax there are case law which favours the assesses if ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the material portion and services are tracked properly. You can prepare service order for service portion and supply contract for material portion separately provided clear bifurcation you do and mai ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ntain record in this regard. - TAXATION CLARIFICATION - Query Started By: - KUSUMBA MAHENDER RAO Dated:- 27-8-2015 Value Added Tax - VAT-CST - Got 1 Reply - VAT and Sales Tax - Discussion Forum - K ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nowledge Sharing, reply post 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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