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Composition tax in karnataka/maharashtra
In case of Works Contract Services in Karnataka 4% tax is payable under composition scheme, i case i show material part (say Rs 60) and Labour Part ( say Rs 40) separately in the bill, whether i am supposed to pay composition tax on Rs 60 (only materials) or Rs 100 (on Material +Labour), Solution for transaction in Karnataka/maharashtra is required. thanks in advance
Replies (1)
You have to pay tax on Material only.
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