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WHAT IS SERVICE TAX.

Answers were Sorted based on User's Feedback



WHAT IS SERVICE TAX...

Answer / guest

it is a tax which is taxed on service done to a customer

Is This Answer Correct ?    15 Yes 0 No

WHAT IS SERVICE TAX...

Answer / smita

Service Tax is indirect tax which is collect by Central
Govt.Service Tax is payable only when service is received in
India. Service Tax is paid on service,but when turn over
exceed above Rs.9,00,000/- then registration is compulsory &
ore than rs 10,00,000/-then applicable for billing.Service
Tax rate is 10.30%.Service provider should register within
30 days from date of commencement of providing taxable
service.Mandatory interest for late payment of service tax
is 13%.Every person liable to pay service tax has to submit
half yearly return in form ST-3 in triplicate within 25 days
of the end of the half-year [Rule 7]. Late fees up to Rs
2,000 are payable if return is filed late.

Is This Answer Correct ?    8 Yes 0 No

WHAT IS SERVICE TAX...

Answer / harendra pal

service tax is the indirect tax.service tax reccive on
providing service.

Is This Answer Correct ?    6 Yes 0 No

WHAT IS SERVICE TAX...

Answer / kasturi

Service Tax is a form of indirect tax imposed on specified
services called "taxable services"

Is This Answer Correct ?    4 Yes 0 No

WHAT IS SERVICE TAX...

Answer / syed imtiyaz

Service Tax was introduced in India in 1994 by Chapter V of
the Finance Act, 1994. The service tax is charged for
service taken from others. The tax is paid to Govt Form TR-6
for payment of service tax

Is This Answer Correct ?    3 Yes 0 No

WHAT IS SERVICE TAX...

Answer / ayyappa nayar

It is an indirect tax, The Government levy tax for the
service provided is called the service tax.

Is This Answer Correct ?    2 Yes 0 No

WHAT IS SERVICE TAX...

Answer / shiva

service tax is a tax which tax recieved on service
and it is pay to government it is the service tax any
doubt contact me at 09848083705 or mail me
sreshtashiva@yahoo.co.in

Is This Answer Correct ?    3 Yes 2 No

WHAT IS SERVICE TAX...

Answer / arti

service tax is the tax which is received on service & it is
paid to government.

Is This Answer Correct ?    3 Yes 2 No

WHAT IS SERVICE TAX...

Answer / deepak bendwal

service tax rate is 10.3% on services
if you have a contractor & you done project work
service tax on charge 33% of project cost & renaming 67% is
chargeable on vat 5%

Is This Answer Correct ?    1 Yes 0 No

WHAT IS SERVICE TAX...

Answer / shreya parekh

service tax applicable both service you received & you
provide service tax rate 12.36%

service tax is a tax which tax recieved on service
and it is pay to government

service tax is the indirect tax.service tax reccive on
providing service

Is This Answer Correct ?    1 Yes 0 No

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