What is the applicable rate of service tax on work of
construction company i.e. real estate developer company plz
improve my knowledge about it.

Answer Posted / ravipolina

service tax is the tax collected on all service providers
generally the rate of service tax percentage is 12.36%
12% is service tax & .36% is e.d cess and for the
construction companies w.c.t is applicable and the rate of
w.c.t is 4.5%

Is This Answer Correct ?    39 Yes 35 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What we mean by MAT Credit Entitlement ???

6789


What's format of CMO & CMA Data?

2322


Hi, I need the clarification in Tax Rate in Karnataka for Frozen foods like Paratha, Briyani, Pasta's Please share the information for me

1788


What is the difference between the excise duty and the sales tax?

734


In India for various goods supplied Excise duties applied by suppliers on goods? How to check this.. Is there any website in

1503






calculation of Tds on subcontractor

1982


WHAT IS CORPORATE TAX ?

1877


Dearlers Margin Received for Direct sale from our Creditor, that TDS deducted for us. How to accounting in my records in Tally ERP 9

1313


If a person got gold by wining a lottery and TDS on the gold value was not deducted by the deductor. After getting the gold, the person tranfer the gold to his daughter. After reading the provisions of the Income Tax Act, 1961, you are required to state that who is liable to pay the tax on the value of the gold? and is there any liability of the Deductor towards non-deduction of TDS?

2773


Provision entry for current Year Income Tax A/c ----Dr To Income Tax Payable A/c Adjustment entry in next Year Income tax payable---Dr To bank A/c kindly tell me which head of income tax a/c and income tax payble a/c

1428


can i adusted our vat credit in W.C.T. payable?

3252


If a nri buys property in india, does he has to pay property tax?

804


if i paid interest on tds for ex:- tds deducted on rent for the month of april, may, june rs. 20000 each for month and tds paid on 7th july then i have to pay interest @ 1.5% for rs. 1200 , 900 , 600 respectively , so i wanted to know what is the entry for rising of this interest in accounting software other than tally

1178


What extra accounts and legal formalities are maintened In excise firm other then normal saling firm.? also tell me tax aspect in Excise firm?

1613


How To fill vat, Tds, Service tax Return Form? Please Explain With an Example.

11411