abaitment under service tax on work contract

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..... abaitment under service tax on work contract
Query (Issue) Started By: - RAM AVTAR Dated:- 23-12-2011 Last Reply Date:- 28-12-2011 Service Tax
Got 2 Replies
Service Tax
whether notificati .....

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..... on no 1/2006 regarding abaitment 67% of material is available under work contract scheme if non composition scheme availed and material amount can not be specified. if yes under which rule Reply By S .....

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..... andeep Aggarwal: The Reply: The assessee can avail the abatement under Nofn.1/2006-ST if he doesn't opt for Compostion Scheme uner NN 32/2007. It is to be noted that CS is not an alternative tax but .....

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..... an alternative method to compute tax laibility. Reply By raj kumar shukla: The Reply: In fact the abatement of 67% can be better termed as presumptive as where it is not possible to ascertain the v .....

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..... alue of material , recourse is taken to this notification. otherwise notification 12/2003-ST is also available,subject to cetain conditions stipulated therein
Discussion Forum - Knowledge Sharing .....

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