Impact of Budget 16 changes in Service tax and Excise on Builders

Ajay Chandramouli , Last updated: 05 March 2016 Share Follow on Google News

Change in rate of Abatement: A uniform abatement at the rate of 70% is prescribed for services of construction of complex, building, civil structure, or a part thereof, subject to fulfillment of the existing conditions. Therefore tax is payable on 30% of value of service. Effective from 01.04.

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Ajay Chandramouli

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Hello, Thanks for taking out time to visit my Profile Iam currently pursuing my Article training inIndirect taxes as major. Also pursuing CS. Very passionate of joining the job profile Head - Indirect taxes segment for anMNC Eager to update my self inorder topace up and sustain in GST regime I believein Lea ... Read more

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