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Service tax

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06 August 2012 service tax applicable to contractual services, whether material cost is to be execluded and what will be the percentage of service tax for remaining service?
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U S Sharma

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U S Sharma (Expert)
06 August 2012 https://www.servicetax.gov.in/st-profiles/works-contract.pdf
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PAWAN KUMAR

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PAWAN KUMAR (Expert)
06 August 2012 The service tax is to be paid @ 4.8% + 3% cess on service portion which is to be determined on the following basis :

Gross amount inclusive of cost of goods and services - Only Value of goods (intimated to sales tax department).

If the value is not ascertained, then separate provisions are there such as 40% of gross amount charged, 70% of gross amount charged and 60% of gross amount charges is to be taken for the purpose of service tax. You may refer the notification no. 24 dated 06.06.2012 of service tax.
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