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TMI Blog2022 (10) TMI 724X X X X Extracts X X X X X X X X Extracts X X X X ..... dia or other authorities or institutions and to administer such schemes of incentives from time to time in the interest of establishments and development of industries. Thus TSIIC organization works to further the policies of the State Government, Central Government and Local Government for development of industries in the State of Telangana. The applicant has executed works contracts for TSIIC which is a Government entity. This work is construction of IT Incubation Centre. Therefore the civil structure is meant for commerce/industry or any other business. The works contract executed by the applicant for construction of IT Incubation Centre for TSIIC falls under exception to Sr. No. 3(vi) of Notification No. 11/2017-C.T. (Rate) wherei ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... /s. Siddhartha Constructions are into business of works contracts and have executed works for Telangana State Industrial Infrastructure Corporation Limited (TSIIC). The applicant in this contract has constructed IT Incubation Centre at Pothugal, Karimnagar for the TSIIC. As per the Memorandum of Association filed by the applicant TSIIC is owned by the Government of Telangana with paid up equity share capital of the Government of Telangana in excess of 90%. Therefore it is opined by the applicant that they have executed works to a Government entity and hence qualify for a lower rate of tax at the rate of 12%. Hence this application. 5. Questions raised : (1) In view of the services provided by the applicant to TSIIC., is the ap ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s 12% as enumerated at Sr. No. 3(vi) of Notification No. 11/2017-C.T. (Rate) as amended till date. The works contract service by way of construction, erection, commissioning. Installation, completion, fitting out, repair, maintenance, renovation, or alteration of (a) a civil structure or any other original works meant predominantly for use other than for commerce, industry, or any other business or profession. (b) xx xx xx (c) xx xx xx Where the services are supplied to a Government Entity, they should have been procured by the said entity in relation to a work entrusted to it by the Central Government, State Government, Union territory or local authority, as the case may be . The Memor ..... X X X X Extracts X X X X X X X X Extracts X X X X
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