Service tax on construction contract
This query is : Resolved
15 June 2009
what is the rate at which service tax will be payable on construction service where bill is composite for supply and service. and at what rate VAT ia payable and the amount on which VAT liability occure.
pls reply
pls reply
17 June 2009
Vat applicable as per local VAT laws- different for different sates. In Karnataka it is possible to pay 4% on the gorss amount under compisition without any input credits or for reguilar scheme on 70% @ 12.5% with input credit.
ST is possible on composition basis @ 4.12% or regular scheme.
ST is possible on composition basis @ 4.12% or regular scheme.
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
- Applicability
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Where to show the RCM on Rent paid to unregistered landlord
- Is Aadhar PAN linking required for opening bank account?
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- SEC 54 OF IT ACT
- Form 26QB for TDS on property
- RCM - commercial rent paid to URP under GST
- Gst Sales of FY 2023-24
- TDS NUMBER SURRENDER
- TDS applicability on Service through ECO
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
- Regarding einvoice taken on nil rated sales
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
