Service Tax to be Paid on 20% of Works Contract Value in Valuation Case; 80% for Materials, 20% for Services.

Service Tax to be Paid on 20% of Works Contract Value in Valuation Case; 80% for Materials, 20% for Services. https://www.taxtmi.com/highlights?id=32656 Valuation - works contract - payment of service tax on 20% of the value - the action of spilt-up the consideration received in two components:- 80% towards supply of materials and 20% towards rendering of services confirmed - AT en-us Tue, 03 Jan 2017 11:38:34 +0530 Tue, 03 Jan 2017 11:38:34 +0530 TaxTMI RSS Generator Service Tax to be Paid on 20% of Works Contract Value in Valuation Case; 80% for Materials, 20% for Services. https://www.taxtmi.com/highlights?id=32656 Valuation - works contract - payment of service tax on 20% of the value - the action of spilt-up the consideration received in two components:- 80% towards supply of materials and 20% towards rendering of services confirmed - AT Highlights Service Tax Tue, 03 Jan 2017 11:38:34 +0530 https://www.taxtmi.com/highlights?id=32656