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Contract Receipts (Construction):

IDCO gets Work orders from Govt./ Corporations for construction of Govt./Corporation Buildings as per the direction of the Govt. and out of estimated amount, IDCO gets supervision charges @ 8% of the actual expenditure with additional incentive of 2% for timely compliance of the awarded work. Execution of work would be strictly in accordance with the plan, design prepared by IDCO and accepted by Govt. Building including Govt. College Buildings as per Work procedure issued by Govt. of Odisha in OPWD Code of Works Dept. In this context sample copy of Agreement for construction of the Odisha State Beverages Corporation & Ancillary Building for storage of Alcoholic Beverages, Chhatarpur and MoU for construction of new Class Room of Kunja Bihari College, Bhubaneswar, are filed. 3.3 It is his submission that the appellant is paying service tax under Mandap Keeper Service and Rent Receipt Service. 3.4 He also relied on the Notification No.41/2016-Service Tax dt.22.09.2016 to show that Central Government is exempted taxable service on State Government Industrial Development Corporation/ Undertakings to Industrial Units by way of long term 30 years or more lease of industrial plots from service leviable U/s.66(b) of the Act as is leviable onetime premium summary price cost by any other names payable for such lease.