10 April 2012
Rate of service tax was 4.12% till 31/03/2012, it incresed to 4.944% w.e.f 01/04/2012. The above rate is inclusive of education cess.Works contract is also chargeable to VAT @1% of the gross amount.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
10 April 2012
Thank you Mr. Amit But please reconfirm the Vat Rate because we are currently Charged @ 5%