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Servicetax on WCT under Composition Scheme.

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..... Servicetax on WCT under Composition Scheme.
Query (Issue) Started By: - sankunni krishnan Dated:- 10-12-2010 Last Reply Date:- 10-12-2010 Service Tax
Got 1 Reply
Service Tax
My client is .....

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..... a works contractor opted for composition scheme paying service tax at 4.12% but Aervice Tax audit officers object to it based on Section 2A(I)(i) & (ii) of Service Valuation Rules 2006.They insist tha .....

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..... t my clients should have opted for composition under State VAT laws also,then only they are eligible for Service Tax Composition Scheme under Notification No.32/07 ST.Is it correct,give detailed reply .....

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..... . Reply By Brijesh Verma: The Reply: Dear Sankunni Krishnan Ji, Availabilityof composition scheme to any Work Contractor under the service tax law is available under the provisions of the Work Cont .....

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..... ract (Composition) Rules of 2007. Under those rules there is absolutely no requirement that only those persons who are registered under composition scheme under the respective VAT law can only opt for .....

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..... the composition scheme under the service tax law. Opting of composition scheme under the Service Tax law is absolutely independent of the opting of composition scheme under the VAT law.
Discuss .....

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..... ion Forum - Knowledge Sharing .....

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