banner_ad

Regarding Abatement and Composite Scheme

This query is : Resolved 
Profile Image

Profile Image

(Querist)
20 March 2010 Under service tax there are different provisions how to assess the amount on which service tax would be payable.In relation to that there is an abatement scheme available for different types of services. There is one more scheme related to work contract that is composition scheme.

I just want to get some clarification where we would apply composite scheme under service tax @4.12% would be payable and where we would apply abatement scheme of 67%&33% scheme to pay service tax.

Understand that 2nd option would be applicable purely in contruction services and where supply of machinery and errection services are involved then only this composite scheme would be applicable.

Kindly clarify anybody not just in 2-3 lines?
Profile Image

Rajesh Kumar

Profile Image

Rajesh Kumar (Expert)
30 March 2010 You need to classify the service, as per classification rule to decide whether it is a work contract service or construction service. The rest follows.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
08 May 2026
Paid Assistants

Quick Taxperts Private Limited

Bengaluru

Graduate (Any)

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details