Service tax under wct

895 views 5 replies

Dear All,

One of the my client is doing business of under works Contract Tax (Only for Labour Lob ) but registered in Service Tax as a WCT

1) What will be the rate of Service Tax on the time of issuing invoices under WCT

Regards
Nikumbh

Replies (5)

If the labour & material are seggregated, then the labour services amount shall be chargeable @ 12.36%

If the composite bill is made, then the same shall be taxable @ 12.36% of the following amount of gross amount charged in the invoice:

---Original works--------------------------40%

---Repair/maintenance of goods----70%

---Others------------------------------------60%

 

 

Registration is irrelevant now. Only the valuation wouldbe an issue.

In our job there is no materials only labour job

In Your Case Service Receiver Will Pay Service Tax Under Reverse Charge Machanism 

Under reverse machanism only 50 % paid by service receiver. But what will be rate


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details