TaxTMI 
TaxTMI 
Service Tax on Works Contract
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....ervice Tax on Works Contract<br> Query (Issue) Started By: - SANJAY BAHETI Dated:- 29-11-2012 Last Reply Date:- 1-12-2012 Service Tax<br>Got 2 Replies<br>Service Tax<br>Respected All, My query is that....
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.... suppose if the service provider has only charged VAT in his bill and has not charged Sevice tax in the bill,the provider is a Individual and we are a company. Dose this trancation qulify for works co....
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....ntract?If it is a works contract than on what amount the service tax should be paid under reverse charge? the amount is Rs. 41 Lacs including Vat. Reply By vasudevan unnikrishnan: The Reply: In the ....
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....querry,the nature of service rendered /availed is not mentioned.Hope it is not mentioned in the negative list/mega exemption list. However, if the individual in his bill for 41 lakhs has not paid ser....
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....vice tax,it is a straight case of evasion,unless the service given is in the negative list/mega exemption . The reverse charge will be applicable to you on the service.,tax on the amount less of VAT ....
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....is to be paid at the appropriate portin/percentage. unnikrishnan.v. Reply By Pradeep Khatri: The Reply: If the services come under reverse charge mechanism, then, othe ratio of liability will be 5....
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....0-50. Service tax,obviously will be paid on the service portion amount. However, service tax can be calculated under composition scheme i.e. 4.8% on the total contract value or vivisected as per Rule ....
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