hi (for some security reason I used to do work on this site as Ajay Jain, but in reality I am Sachin)
it depends what type of work contract it is ???????/
(i)Civil works contract--two per cent of the total contract
value of the civil works executed;
(ii) Civil maintenance works contract--two per cent of the total contract
value of the maintenance works*xecuted;
(iii) All other works contracts--four per cent of the total contract
value of the works executed.
Where any works contract involves more than one item of work (civil, maintenance or other), the rate of tax shall be determined separately for each such item of work.
I hope position is clear