Service tax
This query is : Resolved
11 May 2012
MY CLIENT IS DOING BUS COACH REPARING JOB CONTRACT FOR BEST BUS IN MUMBAI HE IS HOLDING SERVICTAX REGISTRATION NO AS WORKS CONTRACTOR WHAT IS THE RATE OF SERVICETAX PAYABLE UNDER COMPOSITION SCHEME WHETHER ANY ABATEMENT AVAILABLE UNDER THE COMPSOTION SCHEME WHETHER THERE IS ANY OTHER METHOD OF SERVICE TAX PAYABLE WITH ABATEMENT & RATE OF SERVICETAX OTHER THEN COMPOSTION SCHEME.
CA CS Amit S. Kedia
(Expert)
12 May 2012
Dear Mr. Yagnesh,
To the best of my knowledge, Bus coach repairing services can not be said as works contract Service.
In order to fall under works contract service there has to be transfer of property in goods involvement.
If your service falls under works contract service then the rate of service tax at present will be 4.944(40% of 12.36%).
To the best of my knowledge, Bus coach repairing services can not be said as works contract Service.
In order to fall under works contract service there has to be transfer of property in goods involvement.
If your service falls under works contract service then the rate of service tax at present will be 4.944(40% of 12.36%).
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
- EPF ECR NEW FILE SEP 17TH 2026
- Under marginal scheme
- TAX AUDIT ON PROFESSIONAL INCOME
- TDS on Fixed Assets purchased
- Oct 2025 Invoices
- GST on Renting godown to KFCSC for Storage of Raagi
- Non filing of I T Returns
- Capitalgain tax purposes for valuation report compulsory
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- Import of Software Service.
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- 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?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
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
