20 February 2014
In case of works contract under repair & maintainence service , do we need to file the return by taking specific rate 2.47% directly on the services provided OR there is need to first bifurcate the abatement value ,then 60% of the remaining value and then service tax @ 12.36% , which one is correct method for filing the return? And what about the tax rate on services provided b/w 1/4/2012-30/6/2012 Please reply soon
CAclubindia
