hello,
my question is my friend works as a labour contractor for carpenter works...
how much tax should he collect?
5.6% or any other figure??
what is the notification number of the abatement ??
Menu
Service tax on labour work
Replies (7)
If he is only supplying man power to a company then he need not collect. Company has to pay. If not then from 1.6.2015 he has to collect 14% .
Original work 60% abatement
Maintenece, repairs etc 30% abatement
Other 40%
And in case of supply of manpower only no abatement subject to reverse charge machinism
Is 40% abatement category available right now? It seems its only 30% w.ef 1.10.14
Yes ,wef 01 .10.2014 in case of repair & maintenance only 30 % abatement is allowed.
For original works abatement is 60%. N. For rest 30% only
Rs. 10 lac limit avaliable
There is no abatement for labour charges- present rate of ST is 14.5%. However the Rs. 10 Lakhs SSP exemption can be exmaine dif available.
Recent Topics :
- COST OF IMPROVEMENT
- Pillows and Mattresses
- GST Applicability for Reg. / Un-Reg. Indian custom
- Amended GST Act & Rules
- FAST DS 2026 MAIL QUERY
- Does Anyone need CA Foundation books of May2026 at
- Last day for ITR-U for AY 2023-2024 (FY 2022-2023)
- Sale of shares in indian company by a non resident
- Difference in TIS
- GSTR-9C Upload Status Error Occured
Related Topics :
CAclubindia
