St on wct

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khushi (Querist)
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01 September 2012 Dear sir,

i want to know that if there is work contract service , then how much service tax they have to pay after 31.07.2012.kindly advice for the same is it 4.944% or 50% is applicable.

i am confuse about it. so kindly advice me for the same.

CA Suresh Jain

CA Suresh Jain (Expert)
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02 September 2012 1. You should determine the value of service as per Service Tax (Determination of Value) Rules, 2006 as amended.
2. determine whether service is taxable or not - notification 25/2012
3. what is the % of service on which tax is payable by you as service provider - notification 30/2012
4. consider tax payable as per abatement notification 26/2012

now, decide what should you pay