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07 February 2016 contract value 500000/- inclusive of all taxes wct rate 5% which is required to deduct service tax - Contractors adopted composition scheme work is related to original work please tell me amount sevice tax which is deducted under RCM My Query is related to deductions of WCT is available under valuation of taxable value of service

07 February 2016 If you are proprietorship firm then no need to pay service tax under RCM.

07 February 2016 Deduction of WCT is available. Please see explanation (a) to rule 2A (i) of Service tax (Determination of Value) Rules,2006.






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