A company providing construction services with material (with sand/cement/steel/carshers etc)
What % of service tax is applicable . ?
should they liable to charge VAT also ?
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Yes to both levies, it comes under works contract.
What % of Service tax have to charge ?
Depends upon different parameters, but if its original work, 6% is charged on total value of contract. (determined by Rule 2A(ii))
For more details Refer: http://www.investsaver.com/service-tax-work-contract/
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