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what is rate of service tax for construction co?



what is rate of service tax for construction co?..

Answer / anju sharma

The rate of service tax in construction company will be at 4%(composite rate scheme option) as there is involvement of material with labour part. So,we can opt the option of paying the service tax @4% on the gross amount.
In normal option,we can pay the service tax @10.3% only on labour part(services)

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