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St input credit

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03 June 2013 Hi,
Can anyone explain me how to find out ST payable by a construction company, if they are:
* Accepting advances from the customers for which they are charging ST.
* Paying for some services for which service tax is applicable.
* Getting 75% abatement.
* Availing benefit of KVAT paid by them while calculating ST payable.
I need an elaborated procedure for calculating St payable by the company.

Thanks & Regards
Azeez

03 June 2013 Many articles on valuation of construction/ work contract. Now even dedicated books on the same available.



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