Service tax
This query is : Resolved
02 April 2015
service tax rate and abatement of works contract
02 April 2015
In case of original work, service tax has to be paid on 40% of the ‘total amount’,
In case of maintenance, repair, reconditioning, restoration or servicing of any goods, service tax has to be paid on 70% of the ‘total amount’,
In case of all other works contract, service tax has to be paid on 60% of the ‘total amount’.
Regards
K.L.Paliwal
In case of maintenance, repair, reconditioning, restoration or servicing of any goods, service tax has to be paid on 70% of the ‘total amount’,
In case of all other works contract, service tax has to be paid on 60% of the ‘total amount’.
Regards
K.L.Paliwal
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- GST ON EXPORT COMMISSION
- Should I report my US salary for January, February, March in Schedule FA?
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Tds on building rent monthly
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- Stock difference tax applicable on composite rate or normal rate
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
