New service tax rate on work contracts

This query is : Resolved 

21 June 2012 Sir,

before amendments Service tax rate on work contrats was 4.12%

what is the new service tax rate on work contract.( with bifurcation of EC(2%) & HSEC(1%)??

21 June 2012 Rate under composition scheme -- 4.800%
Education cess @ 2% of ST -- 0.096%
Secondary & H.E.Cess@ 1% of ST -- 0.048%
------
Total -- 4.944%
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21 June 2012 Thanks a lot sir for your valuable feedback!!!


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