Krishi kalyan cess

This query is : Resolved 

01 March 2016 What is the rate of Krishi Kalyan Cess for works contract services

01 March 2016 Krishi Kalyan Cess is calculated @ 0.50% of the taxable service. In the case of works contract the taxable service after abatement is either 40% or 70%. Hence the rate of Krishi Kalyan Cess would be an additional 0.20% or 0.35% as per the taxable value.


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