Service tax

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Radhakrishnan.M

Radhakrishnan.M (Querist)
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02 April 2015 service tax rate and abatement of works contract

Kishanlal Paliwal

Kishanlal Paliwal (Expert)
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02 April 2015 In case of original work, service tax has to be paid on 40% of the ‘total amount’,

In case of maintenance, repair, reconditioning, restoration or servicing of any goods, service tax has to be paid on 70% of the ‘total amount’,

In case of all other works contract, service tax has to be paid on 60% of the ‘total amount’.

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K.L.Paliwal