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Construction services

(Querist) 29 July 2013 This query is : Resolved 
Sir,

Kindly please guide, how to assess service tax liability from a balance sheet on construction of a building.
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Rajesh Thakker (Expert) 06 December 2013
There is two type of construction activity. 1st with goods and other is pure labor. In your question it is not found the the construction activity carried out by you are with goods or only labor. However, if it is with goods, the 40% amount will be considered as labor and service tax will be payable there on. This is for new work. If you are doing repairing or renovation the base is difference. Please put your question with more details.

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