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work contract service tax

This query is : Resolved 

03 July 2011 respected sir

If a work contractor has 5 lacs labour income and 6 lacs contract income (material +labour) for the last year and now this year he wants to get service tax registration no so he is required to pay service tax for last year or he will be entitled to claim 67% abatement from last year contract income.

03 July 2011 Yes he would be required to pay on 1 lakh. This year from re. 1.


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