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Service Tax Query

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(Querist)
23 December 2009 Hello ,

We have a tender for construction of Rs. 200000 and We have purchased Material for Rs. 120000, On which amount service tax will be imposed Rs. 200000 or On Rs. 80000.

Thanks In Advance

Hoping for Sooner and positive response.
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Madhukar N Hiregange

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Madhukar N Hiregange (Expert)
24 December 2009 Depends on the treatment you give in VAT- gross less value offerred for VAT.
or option of going for composition @ 4.12%

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