Works contract - compounded


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Querist : Anonymous

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Querist : Anonymous (Querist)
05 December 2012 I am a registered dealer in works contract compunded of 3% as per Kerala Value added tax and also i have service tax registration under works contract service. can i collect sales tax and service tax from party at the time of issue of Bills. some parties collect this much and someones not collect tax. which is correct?


05 December 2012 KVAT can be collected w.e.f 01/04/2008.
Service tax can be collected upto 30/06/2012 ( woks contract composition scheme withdrawn from 1/7/2012) since it is not barred any where in the act.


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