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Calculation of service tax

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Querist : Anonymous

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Querist : Anonymous (Querist)
11 January 2013 a contractor doing a work of instullation of tiles in a building, i want to know what % of service tax chargable on this contract, 12.36% or 4.944% . it is a work contract.
pls ans.
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CA Lokesh Pokharna

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CA Lokesh Pokharna (Expert)
11 January 2013 if he is in composite scheme then he has option of 4.944% as per prescribed rules.......otherwise 12.36% as per normal rules........

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