service bills
This query is : Resolved
07 July 2009
Experts pls reply me
1. In service bill a company not provided service tax registration number on bill. is there any problem to that company ? and reg. no. is compulsory....?
2. what is the current Service Tax rates on Commercial and Industrial construction services, Construction of residential complex or Flat, Construction of Education Institute.
1. In service bill a company not provided service tax registration number on bill. is there any problem to that company ? and reg. no. is compulsory....?
2. what is the current Service Tax rates on Commercial and Industrial construction services, Construction of residential complex or Flat, Construction of Education Institute.
CA.Hanumantha Reddy
(Expert)
07 July 2009
Yes, there is a incorrect or incomplete information. As per service tax rules (Rule 4A), the reg number must be mentioned in the invoice/bill by every assessee who is proving taxable services. Under section 77 penalty upto Rs 5000 if there is any incorrect or incomplete info
The rate of service tax would be 3.4% (Notification No. 1/2006) on Commercial and industrial construction services, Construction of residential complex or flat, Construction of education institute. In case of works contract the service tax rate would be 4%
Hope the above clarify.
shoud you need any further info, please do let me know
The rate of service tax would be 3.4% (Notification No. 1/2006) on Commercial and industrial construction services, Construction of residential complex or flat, Construction of education institute. In case of works contract the service tax rate would be 4%
Hope the above clarify.
shoud you need any further info, please do let me know
Message likes :
1 times
07 July 2009
Compounded rate of service tax for' works contract service' is 4.12%.
Message likes :
1 times
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
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- GST input credit on commercial property
- GSTR-9C filing
- GST ITC as per notification 12/2023- central tax
- Urd purchase entry in tally prime
- Positive Balance in RCM Liability/ITC Statement – Commercial Rent RCM – Guidance Required
- Gift to nri relatives residing in usa
- Form 144 TDS Return Validation Error – Mandatory Fields
- TDS- 2026-27 Q1 Correction
- How do you manage client document collection and follow-ups in your CA/CS practice?
- Ito add credit side of bank
- Employee secondment
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
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
