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SERVICE TAX

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..... SERVICE TAX
Query (Issue) Started By: - sonu shah Dated:- 11-2-2017 Last Reply Date:- 11-2-2017 Service Tax
Got 3 Replies
Service Tax
Dear Expert, we have received order from our customer for metro rail works. my customer is sub contractor. as per him service tax is not applicable to me under notification 25/2012. my customer and principal service provider enter in to contract before .....

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..... 01.3.2016. my query is my customer (sub contractor) is giving me order in after 01.03.2016. shall we eligible for getting exemption. Reply By Rajagopalan Ranganathan: The Reply: Sir, According to Explanation of Sl. No. 14 (a) "the services by way of construction, erection, commissioning or installation of original works pertaining to monorail or metro, where contracts were entered into b .....

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..... efore 1st March, 2016, on which appropriate stamp duty, was paid, shall remain exempt." In my opinion you please obtain in writing that the principal service provider entered into contract before 1St March 2016 and appropriate stamp duty had been paid by the principal contractor. You should obtain this letter from the principal contractor through your customer (sub-contractor) so that you ca .....

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..... n defend your action in future when you face the Departmental/CERA Audit. Reply By KASTURI SETHI: The Reply: Contract executed before 1.3.16. Hence entitled to exemption from ST vide Notification No.9/16-ST dated 1.3.16. (Serial No. 14 (a) with Explanation.This Notification amends Notification No.25/12-ST. You have received copy after 1.3.16, it does not matter. Reply By YAGAY AND SUN: The Repl .....

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..... y: Please provide us with the date of execution of the contract to revert you.
Discussion Forum - Knowledge Sharing .....

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