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 ?
Regards,
Parvinder Singh
Parvinder Singh (Accountant) (32 Points)
17 January 2017A 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 ?
Regards,
Parvinder Singh
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160322 Points)
Replied 17 January 2017
Yes to both levies, it comes under works contract.
Parvinder Singh
(Accountant)
(32 Points)
Replied 18 January 2017
Sir
What % of Service tax have to charge ?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160322 Points)
Replied 18 January 2017
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: https://www.investsaver.com/service-tax-work-contract/
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