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.
- 11 Answers
- 31114 Views
- Apex, Real Estate, Traders, I also Faced
- E-Mail Answers
Answer Posted / jitender patwa
in haryana ,,,wct rate is 4% currently use,,,and chargeable service tax is 4.12% ,,,,alternative now some companies use WCT service tax chargeable is 10.3*33%=3.41% and some are use4.12%both are use now,,,this is use in constructional companies .....but gov changes only service tax 12.36 to 10.33% now but in coputent formula is not change,,so 4.12% is chargble in service tax,,,,,,for in feature ,,,no problem for gov,,incquries,,,,
| Is This Answer Correct ? | 3 Yes | 1 No |
Post New Answer View All Answers
What is income tax? How is it calculated?
What is the difference between the excise duty and the sales tax?
if the goods are purchased against H Form, is there any specified time limit winthin which they should be exported?; if yes then wat is that limit?
how we calculate the tds on salary.
Please let me know the depreciation rates.... com 2011-12.... Vechicle - Computer - Furniture - Tel instrument -
why is service tax set off is consider while calculating wct tds
what is the prime cost? and factory cost how to calculate it?
WHAT IS THE BANK RECONSILATION, WHAT THE FORMAT OF IT
what about WCT (Work Contract Tax)
please share fy 2017-18 salary tds auto matic excel utility
Suppose that a sub-contractor total work done for Rs.100 & he charged 10.3% service tax.Then total gross value will RS.110.30.On what amt you will (that means on total work done or total gross value)charged Retention@10%,WCT@3% & TDS@2%.
Define assessment year.
what is tax avoiding?
Differentiate between financial year, assessment year and previous year?
I am a civil Engineer consultant. On an item for example Rs.100, I am adding 4%WCT ie., Rs.4 and I am certifying the contractor bill for Rs.100.00 + Rs.4.00 = Total Rs.104.00. But my client is deducting 4% on Rs.104.00 ie., Rs. 4.16. So, finally contractor is losing Rs. 0.16 on Rs. 100 which amounts to lakhs on the project value. Can you please guide me on this? Santosh Kumar
