Specified Value - Works contract services

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..... Valuation method i.e. Gross Value (A) minus Value of goods (B) [as specified] - Rule 2A Value of taxable services = (A) (B) Option 2: Composition scheme i.e. - Rule 2A Value of Taxable services = 40% on original contract Value of Taxable services = 70% on Specified works contract* Value of Taxable services = 60% on Other works contract .....

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