What is the service tax rate for individual contractors and
firm contractors.
Answers were Sorted based on User's Feedback
Answer / deepak
10 % service tax and + 2 % edu cess + 1 % h.edu cess in both
| Is This Answer Correct ? | 9 Yes | 1 No |
Answer / rajendra rajak
10 % service tax and + 2 % edu cess + 1 % h.edu cess in both
| Is This Answer Correct ? | 5 Yes | 2 No |
Answer / nivaslandage
service tax 12%+edu cess 2%+h.edu cess 1% = 15%
| Is This Answer Correct ? | 1 Yes | 1 No |
I have a plot at Visakhapatnam. I have entered into a contract with a builder which enables him to construct 10 flats on the plot and builder and myself will share 50:50 of the constructed area. i.e. builder will get 5 and i will get 5 flats. Builder is not paying me any other consideration apart from 5 flats. Kindly clarify as to whether any servive tax is applicable and payable by me ?- kgr varma
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IF XXX GOT AN ORDER FROM APTRANSCO AS WORKS CONTRACT NOW XXX PLACED AN ORDER TO YYY THAT TO SUPPLY 50% OF THE MATERIAL IN ORDER. NOW WHAT IS THE SALES TAX RATE HAVE TO CHARGE BY YYY TO XXX. NOW MY DOUGHT IS YYY IS NOT SUPPLING THE GOODS TO APTRANSCO, HE CANT CHARGE 4%, IF POSSIBLE PLEASE TELL ME THT HOW CAN HE .