Service tax rates

Answers were Sorted based on User's Feedback



Service tax rates..

Answer / mayank

10.3%
10 % service tax
2% cess on service tax
1% Edu.cess on service atx

Is This Answer Correct ?    15 Yes 1 No

Service tax rates..

Answer / biswajeet (raja)

service tax =33%of invoice amount
10% of 33% amount (service tax)
2% of 10% amount (education chess)
1% of 10% amount (h edu chess)


basically service tax =10.3%

Is This Answer Correct ?    10 Yes 0 No

Service tax rates..

Answer / prafulla kumar sinha

The rate of Service Tax is 12.36%.
Service Tax - 12%
Cess on Service Tax - 2%
Ed. Cess on Service Tax - 1%

Is This Answer Correct ?    1 Yes 0 No

Service tax rates..

Answer / ravindra

The rate of service tax is 10.3% where 10% is service tax
.3% is e.d. cess

Is This Answer Correct ?    1 Yes 1 No

Service tax rates..

Answer / sai krishna.p

Service Tax rate is 14%
Swatch bharat cess of 0.5% on service amountthere fore total rate of service tax is 14.5%


if a person provides 100000 service tax to be collected and payable is 14500


how ever swatch bharat cess cannot be claimed back as cenvat credit

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Taxation Interview Questions

service tax and vat,both is possible on one item

8 Answers   CS Business Services,


How We know we are liable for Profession Tax liability. I have an optics shop & I want PT Number so what should i do?

0 Answers  


Can u provided all the dues date and depositing date which are used in general manner or Income tax..

0 Answers  


Deferred taxation is a part of which equity?

0 Answers  


What is minium bill of TDS Deduction Example If Contractor give us 1st Bill - 10000/- 2nd Bill - 15000/- 3rd Bill - 7000/-

14 Answers   ABC,






What do you mean by Commercial Tax?

1 Answers  


WHAT ARE THE TYPES OF TAXATION?

4 Answers   IBM,


Definitions of paid up capital ,authorized capital ,issued capital ,share capital

1 Answers  


TDS is refundable?if yes or not give reason.

4 Answers   IT Consulting Services,


We had tax audit in our tour company. After examination of our tax account they have given us out standing tax liabilities in two type (1) corporate Tax (2) Vat. Now question is that in which ledger these liabilities will come and how should I pass entry for both in accounts. Kindly request to you please answer me

1 Answers   Accenture,


Where show the sales return of exciseable goods?

2 Answers   AG Industries,


How Much Total Amt of salary is for deduction under section 94J for full year

2 Answers   Maples,


Categories