Fiscal deficit will be maintained at 3. FIFA World Cup 2018: Which keeper has the most saves in tcs forex loss tax World Cup so far?
Searching for mid, small-caps after recent correction? Does Climate Technologies’ acquisition bode well for Symphony? 1,1000 court cases judgements supplied to ITO,7,1000 rupee note,3,11-2008,1,11-2010,1,130 items,1,14. Service Tax on Construction Activities wef 01. Works Contract Services with effect from 01-06-2007. Construction of a complex, building, civil structure or a part thereof, including a complex or building intended for sale to a buyer, wholly or partly, except where the entire consideration is received after issuance of completion-certificate by the competent authority. Service portion in the execution of a works contract.
A perusal of above definition reveals that scope of works contract has increased immensely. The most striking feature of the above definition is that it applies to both movable and immovable properties. Certain construction activities have been exempted by virtue of entry no. 2012 dated 20-06-2012 with effect from 01-07- 2012. 13, inter alia, grants exemption to services provided by way of construction, erection,commissioning, installation, completion, fitting out, repair, maintenance, renovation or alteration of a road, bridge, tunnel, or terminal for road transportation for use by general public, a civil structure or any other original works pertaining to a scheme under Jawaharlal Nehru National Urban Renewal Mission or Rajiv Awaas Yojana. Exemption to sub -contractor :In addition, exemption has also been provided with effect from 01-07-2012 vide Entry No.