Avail 50% discount on all subjects for Nov batch(access till Nov 20th). Use coupon code Nov14.

×
Home > Experts > Service Tax > Regarding Abatement and Composite Scheme


Please Wait ..

Sign-in to your account


Username:
Password:

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.


Regarding Abatement and Composite Scheme (Service Tax)

Report Abuse
This query is : Resolved



( Author )
20 March 2010

Under service tax there are different provisions how to assess the amount on which service tax would be payable.In relation to that there is an abatement scheme available for different types of services. There is one more scheme related to work contract that is composition scheme.

I just want to get some clarification where we would apply composite scheme under service tax @4.12% would be payable and where we would apply abatement scheme of 67%&33% scheme to pay service tax.

Understand that 2nd option would be applicable purely in contruction services and where supply of machinery and errection services are involved then only this composite scheme would be applicable.

Kindly clarify anybody not just in 2-3 lines?


Rajesh Kumar

( Expert )
30 March 2010

You need to classify the service, as per classification rule to decide whether it is a work contract service or construction service. The rest follows.


Previous

Next

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 :







submit










Quick Links





back to the top