VAT works contract tax and servicetax WCT

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....AT works contract tax and servicetax WCT<br> Query (Issue) Started By: - SAI SURENDRA SAI SURENDRA Dated:- 13-7-2012 Last Reply Date:- 14-5-2013 Service Tax<br>Got 6 Replies<br>Service Tax<br>Sir, in our factory one of the contractor is constructing the canteen building Building. Factory located in Andhra paradesh. Contract includes Matl+labour.so it will get effected by APVAT wct+Service tax wct....

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..... in what way the bill should be. suppose bill amount is 100 APVAT wct 5% on 70% of the bill 3.5 Service tax WCT 12.36% on 30% 3.70 is it correct. Reply By Pradeep Khatri: The Reply: The Contractor is Charging APVAT @ 5% on the 70% correctly but Service Tax will be charged @ 4.8% on the total contract value. Please get the bill corrected from the Contractor. Reply By narendra soni: The Re....

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....ply: Sir, what % of vat/wct on what % of bil value wiil be chargeable, if the above canteen run in Maharashtra.Service tax will be same as 12.36% on 40% bill value Reply By R K Rajwanshi: The Reply: Accordingly to union Budget 2012 if Notification No. 15/2012 related to reverse charge mechanism is applicable then 50% service tax to be charge by the contractor and 50% service tax to be deposit ....

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....by your good self, go to the Notification No. 15/2012 Reply By narendra soni: The Reply: my query was for Vat ,not for service tax, please suggest for vat only. Reply By sanjeev bajaj: The Reply: Here, I would like to know, when the cost of material and labour is ascertainable, then on what amount the VAT and Service Tax will be chargeable. Reply By R K Rajwanshi: The Reply: if question is on....

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....ly for VAT then Ok, service tax and TDS under WCT will also applicable on above transaction.<br> Discussion Forum - Knowledge Sharing ....