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Service Tax on Works Contract

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(Querist)
10 April 2009 Hi All,

I want to know the change in rate of service tax on works contract i.e.4.12% from the date? w.e.f.

And 2.06% upto what period?

urgent.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
10 April 2009 Compounded rate of service tax is not changed. It is 4.12% on the gross value of the contract.
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SIDDHARTHA SANKAR ROY

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SIDDHARTHA SANKAR ROY (Expert)
10 April 2009 2.06% upto 29.02.2008 and 4.12% from 01.03.2008.
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Deepak Goel

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Deepak Goel (Expert)
11 April 2009 At present service tax on WCT in compounding scheme is 4.12% not 2.06%.

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