service tax @ 4.12%
This query is : Resolved
06 March 2009
service tax leived @ 4.12% for contracts?
service tax leived @ 4.12% for contracts?
06 March 2009
Tax on Construction Services is payable on 33% of gross amount charged for taxable services, if gros amount includes value of material.
Service Tax rate will be 12.36% only but value of taxable services will be exempted to such extent.
No such rate of 4.12% in Service Tax.
Service Tax rate will be 12.36% only but value of taxable services will be exempted to such extent.
No such rate of 4.12% in Service Tax.
06 March 2009
Pl see this for 4.12% http://www.servicetax.gov.in/workcontract-rules.htm
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