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Work Contracts

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..... Work Contracts
Query (Issue) Started By: - Sanjay Vasava Dated:- 8-5-2017 Last Reply Date:- 9-5-2017 Other Topics
Got 3 Replies
Indian Laws
Dear Sir, We have awarded an purchase order an .....

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..... d work order to same party. They are submitting one supply bill and one services bill. I am confuse, Is this works contracts or other services. Please explain. Thanks & Regards, Sanjay Vasava Repl .....

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..... y By Himansu Sha: The Reply: The transfer of property of goods is appropriated in this contract. By making two bills means the service has been segregated from the materials. It is very much works co .....

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..... ntract. Reply By Himansu Sha: The Reply: Tax will be at the full rate on the service charges provided the goods are charged vat. Reply By KASTURI SETHI: The Reply: When any service provider is un .....

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..... able to segregate the value of sale and service, the assessee has legal right to classify the service under 'works contract service' and entitled to the benefit of specified service portion an .....

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..... d also for RCM, if conditions qualified. When you are able to segregate service portion, pay 100 ℅ ST on service portion. Do not desire for abatement and RCM. I concur with he latest view of Sh. .....

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..... Himansu Sha Ji and Not the first view.
Discussion Forum - Knowledge Sharing .....

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