https://www.taxtmi.com/forum/issue?id=108899 For contracts qualifying as original construction, the taxable base is a portion of the contract value and service tax is chargeable at 14% on 40% of the contract value; classification of the contract as original construction is necessary to apply this valuation approach. en-us Fri, 17 Jul 2015 16:29:41 +0530 Thu, 23 Jan 2025 15:56:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=108899 For contracts qualifying as original construction, the taxable base is a portion of the contract value and service tax is chargeable at 14% on 40% of the contract value; classification of the contract as original construction is necessary to apply this valuation approach. Discussion-Forum Service Tax Fri, 17 Jul 2015 16:29:41 +0530 https://www.taxtmi.com/forum/issue?id=108899