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Want to know about service tax
How much service tax should be pay by the contractor who doing the civil
Replies (3)
Service tax at the rate applicable on value given in below tabel.The work which you undertake
|
Scheme |
Conditions |
Value |
|
A |
Original works like new construction, erection, commissioning, installation |
40% of total amount |
|
B |
Maintenance, repair, reconditioning, servicing of GOODS |
70% of total amount |
|
C |
Other work contract (excluding A and B) including maintenance, repair, completion, finishing services of an immovable property |
70% of total amount |
What tax applicable for an mes contractors ?
Kindly let me know what do you mean by mes contract?
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