composit contract


This query is : Resolved 

03 September 2010 Whethar service tax creadit is applicable in case if we consider composit tax rate @4.12%

I wanna clear my concept applicablity of VAT and Service tax ? is there any book in which we can get the practical Examples with concept

03 September 2010 for complete details on Works Contract (Composition Scheme for Payment of Service Tax) Rules, 2007 visit this link

https://servicetax.gov.in/workcontract-rules.htm

and for basic on service tax refer this link
https://dateyvs.com/service01.htm

There is a book by S. S. gupta on service tax which is very good to understand service tax.

03 September 2010 yes. While claiming Composition scheme under works contract also you can claim the CENVAT credit, please refer the circular No.96/7/2007-ST DT:23.8.2007 & B1/16/2007-TRU DT:22.5.2007


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