Work contract (break up between service tax and mvat)

Pankaj Sharma (Querist) 10 April 2015 This query is : Resolved
Hi, As per my understanding, for works contract in nature of original civil works / electricity tower erection works, the break up of every Rs. 100 will be as follows :

MVAT on 70% and
Service Tax on 40 %
(thus tax on 110%)

and for repair works, it will be
MVAT on 70% and
Service Tax on 70%
(thus tax on 140%)

Please confirm whether my opinion is correct or not.

Regards,
Pankaj Sharma

Note : Actual break up between goods and services and composition scheme is not possible.

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C. SANJEEVA RAO (Expert) 12 April 2015
you may contract local service tax consultant for better appreciation

T. Kalaiselvan, Advocate (Expert) 15 April 2015
A tax consultant will be having proper answers to your queries, you may contact one in the local.

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Work contract (break up between service tax and mvat)

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