TaxTMI 
TaxTMI 
Rate of service tax on core cutting
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....ate of service tax on core cutting<br> Query (Issue) Started By: - paresh zatakia Dated:- 13-7-2006 Last Reply Date:- 18-7-2006 Service Tax<br>Got 2 Replies<br>Service Tax<br>a contractor is doing cor....
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....e cutting (breaking RCC contructions) with drilling and other quipments.what should be rate of service tax? In sept04,because of lack of clarity,he did not take reg.but he took r.c. in June05. Whether....
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.... he is liable to any penalty? Reply By Surender: The Reply: For levying service tax on Job Work certain conditions must be satisfied. If it is amount to manufcture, there is no service tax. If final ....
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....manufacturer is paying excise duty, again service tax is not payable. Otherwise service tax is payable. If you have not taken registration and paid service tax in time, you are liable for penalty also....
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..... Reply By Madhukar N Hiregange: The Reply: The rate of ST upto 18th April 2006 is 10.2% and therefater 12.24%. He can avail the exemption of 67% on gross value under 15/2004 and 1/2006. He would not....
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.... be eligible for credit on inputs, captial goods and input servcies.<br> Discussion Forum - Knowledge Sharing ....