Compostion scheme
This query is : Resolved
23 April 2012
under works contract act while filling St 3 error is coming " Taxable rate is not valid "
under works contract on materials 4.12 % of service tax is charged and 10.3 percent on labor is charged??? how to fill ST3 for service providers coming under compostion scheme
under works contract on materials 4.12 % of service tax is charged and 10.3 percent on labor is charged??? how to fill ST3 for service providers coming under compostion scheme
23 April 2012
If u opt composition scheme you have to levy and pay service tax @ 4.12% on entire contract. In other words, u can't bifurcate material and labour separately to levy different tax rates. Seems the error appeared is on account of this bifurcation.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Sales return eway bill
- Treatment of Pension ?annuity returns on PMVY
- TAN for Partnership
- GST ON DAMAGED GOODS
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Plot of land. Cost of Acquisition
- Specified Profession
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
