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Abatement for work contractor

This query is : Resolved 

07 February 2014 sir can u help to explain at what rate abatement is to be to a workcontracter whose nature of work is to replace old carpets n fixed new n also to upkeep annually also doing plasstering work

09 February 2014 This sort of works will be treated as Works contract (other than original works)and abatement will be 40%.

So, taxable component will be 60%. This is covered under partial reverse charge.



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