TMI Blogsupply materials as well as labour for construction of new building fabrication workX X X X Extracts X X X X X X X X Extracts X X X X ..... supply materials as well as labour for construction of new building fabrication work X X X X Extracts X X X X X X X X Extracts X X X X ..... eplies X X X X Extracts X X X X X X X X Extracts X X X X ..... Regards, nandan Reply By CA.GANESAN E: The Reply: The service which is providing by you will falls under work contract services, for this you can go by two way one is by get register of works cont ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ract (COT) and by paying at 4% of total bill amount or get register under works contract (without COT) and tax will be charged at normal rate on 33.33% on total bill by getting 66.67% as abatement. R ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eply By Pradeep Khatri: The Reply: According to the amendment made in this budget the rate of tax would be 4.8% if you opt for composition scheme under Works Contract taxable service. Further, accor ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ding to the BSBK Judgment even divisble contract may be vivisected under Rule 2A. Please do the cost benefit analysis before opting for any scheme under Works Contract. Reply By CA.GANESAN E: The Rep ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ly:
Yes, cost benefit analysis could be made before opting it. X X X X Extracts X X X X X X X X Extracts X X X X
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