Just a moment...

Report
FeedbackReport
Bars
×

By creating an account you can:

Logo TaxTMI
>
Feedback/Report an Error
Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
+ Post a Query
Post a New Query
Title :
0/200 char
Description :
Max 0 char
Category :
Delete Reply

Are you sure you want to delete your reply beginning with '' ?

Delete Issue

Are you sure you want to delete your Issue titled: '' ?

Discussion Forum

Back

All Issues

Advanced Search
Reset Filters
Search By:
Search by Text :
Press 'Enter' to add multiple search terms
Select Date:
FromTo
Category :
OR
Search by Issue ID:
NOTE: If you have inputs in both the fields, then results will be shown for issueId first.
Issue ID : 4217
- 0 -

supply materials as well as labour for construction of new building fabrication work

Date 05 Jun 2012
Replies3 Answers
Views 2340 Views
Asked By

dear sir,

what will be service tax calculation in case of billing made included  labour charges  as well as materials charges  on new factory construction and fabrication works

Regards,

nandan

3 answers
Sort by

Old Query - New Comments are closed.

Hide
- 0
Replied on Jun 5, 2012
1.

The service which is providing by you will falls under work contract services, for this you can go by two way one is by get register of works contract (COT) and by paying at 4% of total bill amount or get register under works contract (without COT) and tax will be charged at normal rate on 33.33% on total bill by getting 66.67% as abatement.

- 0
Replied on Jun 6, 2012
2.

According to the amendment made in this budget the rate of tax would be 4.8% if you opt for composition scheme under Works Contract taxable service.

Further, according to the BSBK Judgment even divisble contract may be vivisected under Rule 2A.  Please do the cost benefit analysis before opting for any scheme under Works Contract.

- 0
Replied on Jun 6, 2012
3.

Yes, cost benefit analysis could be made before opting it.

Old Query - New Comments are closed.

Hide
Recent Issues