Service tax is applicable or no on work contract tax ???

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

02 September 2011 Dear Experts,

we made a contract for supply and installation of Air conditioner contract is under composite scheme of service tax with contract.
now my query is if contractor is charging service tax in this way
A Work Done = 100
B WCT 4.20% on work done = 4.2
C Service Tax 4.12%(A+B) = 4.3
is above tax calculation is right or should we pay service tax 4.12% on work done(A) part.

Please Advise.

Regards
Ravinder

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
Follow

02 September 2011 Service tax is to be levied @4.12% on Rs.100/-. Pl refer explanation to rule 3(1) of Works Contract(Composition Scheme For payment of Service tax ) Rules,2007.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now