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Work contract service

This query is : Resolved 

06 August 2013 Dear Sir, Please clarify the applicability of Work Contract Service under the following ciccumstances :-

An individual has painted the dislay board which includes material and labour cost. & party is going to raise combined bill. Service receiver is registered with ST Deptt. If yes, how it will be calculated?

Regards

07 August 2013 Taxable amount will be calculated at 70% of the total invoice value if service charges have not been mentioned separately on the invoice.


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