28 December 2013
Hi Friends, Hope so all are doing well. Please tell me the What are different rates applicable on works contract under service tax and abatement rates in year-wise.
28 December 2013
As per notification 24/2012, the rates can be arrived at as under. a) For original work -- 4.944% b) For finishing work -- 7.42% c) For repairs -- 8.65%