Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


what is sevice tax present rate

Answers were Sorted based on User's Feedback



what is sevice tax present rate..

Answer / moti

service tax --------------- 10%
educational cess 2%
Secondary e.cess 1%

Is This Answer Correct ?    60 Yes 18 No

what is sevice tax present rate..

Answer / rajaram

Service Tax 10.30%

Break up:

Tax 10%
Cess(on Tax) 2%
Se.Cess(on tax) 1%

total 10.30

Is This Answer Correct ?    50 Yes 13 No

what is sevice tax present rate..

Answer / rajaram

Service Tax 10%
Cess 2%
Sec.Cess 1%

Is This Answer Correct ?    37 Yes 10 No

what is sevice tax present rate..

Answer / mahendra

servicetax rate is 10.3%

Is This Answer Correct ?    21 Yes 5 No

what is sevice tax present rate..

Answer / manikandan

After Feb,2009
the central govt.
Reduce the service tax for 12.3% to 10.3 %

Service Tax = 10 %
Ed, cess = 2 % (2% of the 10% )
Sec Ed,cess = 1 % (1% of the 10% )
-----
10.3%

Is This Answer Correct ?    17 Yes 2 No

what is sevice tax present rate..

Answer / arvind kumar

Present Service tax rate is 10.30% (ST-10%+EC-2%+SEC-1%)
effective from 24th Feb 2009

Is This Answer Correct ?    23 Yes 10 No

what is sevice tax present rate..

Answer / shashikant

10%
2%
1%

Is This Answer Correct ?    17 Yes 4 No

what is sevice tax present rate..

Answer / salman

At present, service rate is 10%
E.C 2%
S&HEC 1&
Hence rate-10.36%

Is This Answer Correct ?    54 Yes 46 No

what is sevice tax present rate..

Answer / v.praveen reddy

as on 01-04-2012

Service Tax 12.30%

Break up:

Tax 12%
Edu Cess(on Tax) 2%
Se.Cess(on tax) 1%

total 12.30

Is This Answer Correct ?    2 Yes 0 No

what is sevice tax present rate..

Answer / pawan gupta

Service Tax @10%
Education Cess on service Tax @2%
Secondry & Higher Education Cess on Service Tax @1%
Total @10.3%

Is This Answer Correct ?    3 Yes 2 No

Post New Answer

More Taxation Interview Questions

We need to know is their any govt notification for VAT & Service both applicable for one item or single invoices

0 Answers   Capital IQ,


how to calculate T.D.S on the basis of current I.Tax slab if the monthly salary is 50,000 p.m.

8 Answers  


what is limit of form "16" or "31",c-form & form "11" or 3b during the issued on one time.

0 Answers  


WHETHER VAT IS APPLICABLE IN FIRMER TRACTORS ? WHETHER VAT IS APPLICABLE IN NORMAL TRACTORS ? PLEASE NOTE THAT I HAVE PURCHASED IT BY PAYING VAT.

0 Answers  


what data require for liability calculation under work contract tax composition scheme and regular method.

0 Answers  


If my Basic Salary is Rs.23000/- than what is the tax impact on it ie PF,ESIC,PT & TDS with calculation.  and also if i had received only 9mth salary.  

1 Answers   Triple A Overseas Ltd,


The party has raised service bill for Rs. 120000. The TDS deductor company made TDS on Rs. 100000 i.e., Rs.20000 is deducted on the gross bill of Rs 120000. My question is whether to deduct TDS on Rs.120000 or on Rs. 100000?

5 Answers  


I renders interior Services, consider one project cost Rs.500000/- Scenario 1 - Material purchased on my Firm Name Material - 300000 - 0 On party behalf Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit Scenario 2 - Material purchased by client Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit In both Profit is same Rs. 50000/-. which is beneficial for me in terms of turnover or tax matters. and if I have to raise a bill to party as per both scenario, how it will affect bill and tax, where will I suffer loss?

1 Answers  


what is WCT?

4 Answers   DHL, WCT,


I paid TDS through the bank a/c. but i entered wrong TAN no. instead of HYDC04387F I ENTERED HYDCO4378F ,and pl. tell me what can i do and how can i change TAN no.

5 Answers   Essar International School,


Dear Sir, We are running a security agency. Please suggest us Notification No.:15/2012 service Tax dated 17.03.12 which is effected from 01.07.12 Please suggest how to raise bill on our clients.

2 Answers  


what is the difference between real expense and operating expense?

1 Answers  


Categories