https://www.taxtmi.com/forum/issue?id=2338 Service tax remains chargeable on the service component of a works contract even if VAT has been paid under a composition scheme; where a service element exists, valuation Rule 2A requires reverse calculation of the taxable service portion, or the taxpayer may instead discharge service tax under the dedicated composition scheme because VAT composition on the whole contract value is not fully deductible from the service tax gross value. en-us Sat, 06 Nov 2010 08:52:29 +0530 Thu, 23 Jan 2025 15:58:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=2338 Service tax remains chargeable on the service component of a works contract even if VAT has been paid under a composition scheme; where a service element exists, valuation Rule 2A requires reverse calculation of the taxable service portion, or the taxpayer may instead discharge service tax under the dedicated composition scheme because VAT composition on the whole contract value is not fully deductible from the service tax gross value. Discussion-Forum Service Tax Sat, 06 Nov 2010 08:52:29 +0530 https://www.taxtmi.com/forum/issue?id=2338