1) What is the Service Tax Rate applicable to Civil Contractor engaged in construction of Residential Buildings ?
2) Can the contractor claim abatement @ 75% ? The main reason of asking this question is because the wording of Construction Services is Construction intended for sale to buyer and consideration recd before issuance of completion Certificate. Please clarify.
3) What is the MVAT rate under Composition Scheme can a Building Contractor claim - please also provide the relevant notification in this regard