Bill of Work Contract

[Samik Chaudhuri]

I would like to see the format of Work Contract where service tax is included.

With thanks

Samik Chaudhuri

AI Summary

Clarification on Work Contract Billing: No Specific Format Required, Apply Service Tax at 4.8% or 8.4% Rates. A participant inquired about the format of a work contract that includes service tax. The response clarified that there is no specific format for a bill of works contract. It advised simply stating the taxable value and applying the service tax at the applicable rate of either 4.8% or 8.4% on the bill amount.