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Calculation of Service Tax

Service Tax - Started By: - Srivatsan Krishnamachari - Dated:- 17-6-2016 Last Replied Date:- 21-6-2016 - Dear Experts,Kindly Clarify how to calculate Service Tax in case of Works contract case anda) do we need to submit any letter to the departmentb) we have paid Sales Tax as per WCT c) How to calculate Service tax amountd) in the pricing excisable material values is only 40% of the Value and rest of the amount is civil / freight / site development and other charges which are non excisable.Kindl .....

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volved in the contract is only 40% of the total work order and balance is Civil works and other works, where we have procured locally near to various sites all material related to civil/plumbing, where there is no excise and no credit has been taken. This order received thru State government.RegardsSrinivas - Reply By Rajagopalan Ranganathan - The Reply = Sir, According to rule 2A of Service Tax (Determination of Value) Rules, 2006 value of service portion in the execution of a works contract sh .....

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amount paid to a sub-contractor for labour and services, (iii) charges for planning, designing and architect's fees, (iv) charges for obtaining on hire or otherwise, machinery and tools used for the execution of the works contract, (v) cost of consumables such as water, electricity, fuel used in the execution of the works contract, (vi) cost of establishment of the contractor relatable to supply of labour and services, (vii) other similar expenses relatable to supply of labour and services .....

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i, Thank you very much for your detailed reply. I need one more clarification. Since this is a works contract from State Government where construction activity is involved,, can i take exemption from payment of Service tax against Mega exemption notification 25/2012 vide sl.no.12 or/and 12A. We received this order on 26.03.2015. Thanks for your support. Srinivas - Reply By Rajagopalan Ranganathan - The Reply = Sir, Sl. No 12 of Notification No. 25/2012-ST dated 20.6.2012 as amended exempts servi .....

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