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Value for SBC

Service Tax - Started By: - Mangesh khedkar - Dated:- 23-12-2015 Last Replied Date:- 27-12-2015 - Dear sir,We had given contract to SSI vendor in composite work (work contract service). vendor consider 70% value for service tax & 100% value for v .....

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ly submitted by Rajagopalan Sir. - Reply By YAGAY AND SUN - The Reply = Dear Mangesh,In Maharashtra VAT Laws under Works Contract Tax, your vendor has option to levy VAT/WCT in following three way, namely: On Actuals On abated amount Under Compositio .....

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e under.Regards,YAGAY and SUN(Management, Business and Indirect Tax Consultants) - Reply By Ram Babu singh - The Reply = SBC shall be charged on value of service portion i.e 70% of the value of work contract. - Reply By Ganeshan Kalyani - The Reply = .....

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