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Categories  >>  Accounting  >>  Accounting AllOther
 
 


 

 
 Audit interview questions  Audit Interview Questions
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 Accounting AllOther interview questions  Accounting AllOther Interview Questions
Question
what is service tax, how much calculated on service?
 Question Submitted By :: Guest
I also faced this Question!!     Rank Answer Posted By  
 
  Re: what is service tax, how much calculated on service?
Answer
# 1
service tax is a indirect tax. All the people are paying 
this tax when ever they received any service from the 
service provider.Calculation of the service tax is based on 
the service. Approxamitely 5% on the service.
 
Is This Answer Correct ?    3 Yes 5 No
Naga
 
  Re: what is service tax, how much calculated on service?
Answer
# 2
Tax Levied on Services Rendered, its 12%+Cess
 
Is This Answer Correct ?    3 Yes 1 No
Shubhansh
 
 
 
  Re: what is service tax, how much calculated on service?
Answer
# 3
Service Tax is an indirect tax , which is levied on the 
service provided/ received by the organisation.
Rate of Service Tax = 12.36% (Incl. Edu. Cess)
 
Is This Answer Correct ?    3 Yes 0 No
Satheesh Sivarajan
 
  Re: what is service tax, how much calculated on service?
Answer
# 4
service tax is an indirect tax which is leived on all the 
service providers the service provider coolects the tax  to
whom the service is provided and pay tothe govt  the rate
of service tax is 12.36% this sys clearly 12%is service tax
&.36%is ed.cess
 
Is This Answer Correct ?    1 Yes 0 No
Ravi
 
  Re: what is service tax, how much calculated on service?
Answer
# 5
Service tax is  an  indirect tax.
it is charged by  the   government   from all the companies or
organization which provide services.these companies in  turn
 collect this tax from whom  it provide  the  services.
rate of service tax  -  12.36%
12%  - service    tax
0.36% -   education  cess
 
Is This Answer Correct ?    0 Yes 0 No
Simran
 

 
 
 
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wat is penny stock? Deloitte3
What is mean by mercantile accounting?  2
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Why do call p&la/cas a P&l a/c ?, why not P{or}L a/c Bank-Of-America8
bad debts means  7
When u r using Automatic Payment Programme? IBM1
Which one is best to company either debt or equity? Capital-IQ9
 
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