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VAT works contract tax and servicetax WCT - Service Tax

 
Issue Id: - 4362
Dated: 13-7-2012
By:- SAI SURENDRA SAI SURENDRA
VAT works contract tax and servicetax WCT

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Sir,

 

in our factory one of the contractor is constructing the canteen building Building. Factory located in Andhra paradesh. Contract includes Matl+labour.so it will get effected by APVAT wct+Service tax wct.

in what way the bill should be.

suppose bill amount is                                      100

APVAT wct 5% on 70% of the bill                         3.5

Service tax WCT 12.36% on 30%                       3.70

is it correct.

 

 

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Posts / Replies

 

Dated: 13-7-2012
By:- Pradeep Khatri

The Contractor is Charging APVAT @ 5% on the 70% correctly but Service Tax will be charged @ 4.8% on the total contract value.

Please get the bill corrected from the Contractor.


Dated: 11-5-2013
By:- narendra soni

Sir,

what % of vat/wct on what % of bil value wiil be chargeable, if the above canteen run in Maharashtra.Service tax will be same as 12.36% on 40% bill value


Dated: 12-5-2013
By:- R K Rajwanshi

Accordingly to union Budget 2012 if  Notification No. 15/2012 related to reverse charge mechanism is applicable then 50% service tax to be charge by the contractor and 50% service tax to be deposit  by your good self,  go to the Notification No. 15/2012


Dated: 13-5-2013
By:- narendra soni
my query was for Vat ,not for service tax, please suggest for vat only.
Dated: 13-5-2013
By:- sanjeev bajaj

Here, I would like to know, when the cost of material and labour is ascertainable, then on what amount the VAT and Service Tax will be chargeable.


Dated: 14-5-2013
By:- R K Rajwanshi

if question is only for  VAT then Ok,  service tax and  TDS under WCT  will also applicable on above transaction.


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