Home > Experts > Service Tax > Abatement in works contract service

Please Wait ..

to your account


Remember Me

Forgot your password?

Sign-up now

Join CAclubindia.com and Share your Knowledge. Registered members get a chance to interact at Forum, Ask Query, Comment etc.

Abatement in works contract service (Service Tax)

Report Abuse
This query is : Resolved

Author : Anonymous

( Author )
05 April 2012

Dear Sir,
Please tell me that what is the abatement rate for works contract service,earlier abatement was 66.67% so now their is any change or not?
And as budget declared on 17.03.2012 so changed rates will be applicable from 1.4.2012 or from 17.3.2012.

CA Nikhil Jhanwar

( Expert )
05 April 2012

Abatement of 66.67% is for Commercial Industrial COnstruction Service. There is no abatement in 'Works COntract Service'Although COmposition scheme is provided where rate of ST has been changed form 4% to 4.8%. Further general rate of Service tax has been changed from 10% to 12%

Author : Anonymous

( Author )
21 April 2012

Thank u Sir



You need to be the querist or approved CAclub expert to take part in this query .

Click here to login ( Members Login ) now

Similar Resolved Queries :


Quick Links

back to the top