civil work contract

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....ivil work contract<br> Query (Issue) Started By: - Ram Babu singh Dated:- 24-12-2015 Last Reply Date:- 27-12-2015 VAT + CST<br>Got 4 Replies<br>VAT / Sales Tax<br>How to calculate service tax and vat....

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.... on work contract and what will be the rate of vat ? Reply By Ganeshan Kalyani: The Reply: As per valuation rule, taxable value is 40% of the consideration in case the works is original otherwise it ....

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....is 70% of the consideration to calculate service tax. Reply By Ganeshan Kalyani: The Reply: Vat rate is different in case composition scheme is availed or otherwise. Reply By YAGAY AND SUN: The Reply:....

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.... VAT Rate may vary from 5% to peak rate i.e. 12.50% to 15%. However, VAT Rate on works contract can be calculated on the value of actual material used or on abated value or on composition scheme as t....

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....he case may be. Reply By MARIAPPAN GOVINDARAJAN: The Reply: On observation from the queries, the queries are not complete in nature. If you ask the rate of VAT how can it be presumed your actual app....

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....licability VAT rate, since the same is different from state to state. Please give a complete picture of query so that correct advice may be given.<br> Discussion Forum - Knowledge Sharing ....