TMI BlogEffective Rate of Service Tax on Works Contract under composition schemeX X X X Extracts X X X X X X X X Extracts X X X X ..... Effective Rate of Service Tax on Works Contract under composition scheme X X X X Extracts X X X X X X X X Extracts X X X X ..... " Effective rate of service tax on services involved in Execution of Works Contract under composition scheme is 2.06%. i.e. Basic Rate of Service Tax = 2% Education Cess = 2% on 2% S H E Cess ..... X X X X Extracts X X X X X X X X Extracts X X X X .....
= 1% on 2%
Total
= 2.06% X X X X Extracts X X X X X X X X Extracts X X X X
|