banner_ad

Taxes pertianing to ra bills of construction contractors

1818 views 1 replies

I am a Construction Manager!

Can you please tell me the prevailing rates for different construction activities for construction works i.e.

Taxes applicable for RA Bills

Taxes applicable for deduction from petty contractors

Taxes to be charged from different bodies from contractors

CST, Exise, WCT, TDS, IT, LWT etc.

Thanks,

Arvind

Replies (1)

Dear

If its a commercial construction 10.3% service tax applicable on 33% of the Work Value (67% abatement) & 2% TDS applicable. If its a residential construction a minim no. of flats should be there (check service tax web site for a clear picture) otherwise no service tax applicable. VAT is applicable on purchase of materials as per the seller's bill (5%,14.5%,1% etc). Payment made to contracotrs 1% to be deducted on payment exceed the limit for individuals & 2% in case of Company. Tax applicable for Professional fees viz., Archteict ,Auditor also applicable.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details