Works Contract - Negative List - Unanswered Questions

Pradeep Jain , Last updated: 09 July 2012 Share Follow on Google News

Introduction:- Service tax on Works Contract was introduced on 1.6.2007. Starting with an attractive rate of 2% service tax on the composite value of both material labour, today it has reached the rate of 4.8% w.e.f. 1.4.2012. Under the current scheme, the works contract covers only immova

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Pradeep Jain

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