https://www.taxtmi.com/forum/issue?id=109033 Service tax applies to commercial building construction contracts with taxable value set by the prescribed valuation rule that allocates a portion of contract value as taxable; a separate building-construction cess is levied on total contract value. State works-contract tax or VAT consequences and environmental, municipal and electricity-related levies also apply. Administrative guidance treats contracts regarded as works contracts for VAT as works contracts for service tax, and a previously available lower-rate composition scheme has limitations and was subsequently withdrawn. en-us Fri, 14 Aug 2015 15:36:37 +0530 Thu, 23 Jan 2025 15:56:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=109033 Service tax applies to commercial building construction contracts with taxable value set by the prescribed valuation rule that allocates a portion of contract value as taxable; a separate building-construction cess is levied on total contract value. State works-contract tax or VAT consequences and environmental, municipal and electricity-related levies also apply. Administrative guidance treats contracts regarded as works contracts for VAT as works contracts for service tax, and a previously available lower-rate composition scheme has limitations and was subsequently withdrawn. Discussion-Forum Service Tax Fri, 14 Aug 2015 15:36:37 +0530 https://www.taxtmi.com/forum/issue?id=109033