SERVICE TAX ON BOOK BINDING (JOB WORK)

[AMIT JAIN, Advocate]

Sir what is procedure of calculate service tax on book binding (job work)

[YAGAY andSUN]

If the contract is written, then, please pay the 4.8% on the gross value of the contract since it is the simplest way to determine the tax amount.

AI Summary

Service tax on book binding: remit applicable service tax on gross contract value where contract is written. Where a written contract governs book-binding job work, calculate and remit service tax by applying the prescribed rate to the gross value of the contract as the simplest method to determine tax liability.