10 January 2016
my client is just construct the building of builder and my client is just obtain contract from developer to just construct the building. in that case whether service tax applicable or not?
and if applible then at which rate of service tax?
11 January 2016
Service tax applicable at 14.5% on 40% value of contract including materials. In case of labour contract service tax payable at 14.5% on 100% value of contract.
CAclubindia
