Services tax is applicable for banner printing (offset print

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

15 July 2012 our company is a big offset printer , know we are charging 5 % vat and Cst respectively , i have one query as per new negative list of services tax , is offset printing come under services tax and if its come then what is tax percentage of services .

RENGARAJ R.K

RENGARAJ R.K (Expert)
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15 July 2012 Any goods involved in executing the services? In such case you can for works contract service and claim abatement and can pay service tax for the balance amount. If only labour is involved then it is 12.36% for the whole value.