Question 21: Reg: Determination of
value of service portion in the execution of a works contract. W.e.f. 01-07-2012
Rule 2A (i) of Service Tax (Determination of Value) Rules, 2006 provides that
Value of service portion in the execution of a works contract shall be
equivalent to the gross amount charged for the works contract less the value of
property in goods transferred in the execution of the said works contract.
Rule 2A (ii) of Service Tax (Determination of Value) Rules, 2006 provides that
Where the value has not been determined under clause (i), the person liable to
pay tax on the service portion involved in the execution of the works contract
shall determine the service tax payable in the following manner, namely:-
(A) in case of works contracts entered into for execution of original works,
service tax shall be payable on forty percent of the total amount charged for
the works contract;
(B) in case of works contract entered into for maintenance or repair or
reconditioning or restoration or servicing of any goods, service tax shall be
payable on seventy percent. of the total amount charged for the works contract;
(C) in case of other works contracts, not covered under sub-clauses (A) and (B),
including maintenance, repair, completion and finishing services such as
glazing, plastering, floor and wall tiling, installation of electrical fittings
of an immovable property, service tax shall be payable on sixty per cent of the
total amount charged for the works contract
Question
Whether the Service provider has the option to determine the value of service
portion
(i) as per Rule 2A (i) of Service Tax (Determination of Value) Rules, 2006 or
(ii) as per Rule 2A (ii) of Service Tax (Determination of Value) Rules, 2006
What is legal position'
Answer According to the language employed in Rule 2A of Service Tax
(determination of Value) Rules, 2006 the service provider for determination of
the value of service has to read the Rule sequentially. The service provider
cannot jump the clauses/sub-clauses according to his convenience. For
determination of the value first clause (i) of the said Rule has to be read, if
the same same is not applicable then only clause (ii) is to be applied.
(Reply dt. 14/3/2018)