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Work Contracts

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..... Dear Sir, We have awarded an purchase order and 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 .....

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..... explain. Thanks Regards, Sanjay Vasava - Reply 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 s .....

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..... egregated from the materials. It is very much works contract. - Reply By Himansu Sha - The Reply = Tax will be at the full rate on the service charges provided the goods are charged vat. - Reply B .....

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..... y KASTURI SETHI - The Reply = When any service provider is unable to segregate the value of sale and service, the assessee has legal right to classify the service under 'works contract service .....

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..... 9; and entitled to the benefit of specified service portion and also for RCM, if conditions qualified. When you are able to segregate service portion, pay 100 ℅ ST on service portion. Do not de .....

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..... sire for abatement and RCM. I concur with he latest view of Sh.Himansu Sha Ji and Not the first view. - Work Contracts - Query Started By: - Sanjay Vasava Dated:- 8-5-2017 Other Topics - Got 3 Repli .....

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..... es - Indian Laws - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - .....

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..... TMITax .....

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