rule 3 of service tax, Service Tax

[RAM AVTAR]

we are government contractor. our contract is composite.  contractee is deducting 2% tds on vat on gross value .  whether we have to pay service tax on after deducting tds of vat from total contract value or on gross value since rule 4 says that total taxable value should not be less than gross contract value

Posts / Replies

[Ramanujam Varadarajan]

Service tax payable on the entire contract value i.e. amount received + TDS deducted.

[RAM AVTAR]

whether sales tax paid on said project is also deductable since we have not charged separately in our contract