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Categories >> Accounting >> Accounting AllOther
 
 


 

 
 Audit interview questions  Audit Interview Questions (422)
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions (157)
 Taxation interview questions  Taxation Interview Questions (1892)
 Accounting General interview questions  Accounting General Interview Questions (2781)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4351)
Question
what is the meaning of service tax?
 Question Submitted By :: Shwetha
I also faced this Question!!     Rank Answer Posted By  
 
  Re: what is the meaning of service tax?
Answer
# 1
the person who provide service more than 10,00,000 is
layable to collect charge from his parties.

for company it has deposit before 5th month for firm it has
deposit quardertly & for individual it is deposit half of
year
 
Is This Answer Correct ?    38 Yes 16 No
Chandrabhanu
 
  Re: what is the meaning of service tax?
Answer
# 2
A Person Service Provide any Other Person shall pay the
Tax. That is Called Service Tax
 
Is This Answer Correct ?    32 Yes 15 No
E. Sivakumar
 
 
 
  Re: what is the meaning of service tax?
Answer
# 3
Every person providing taxable services to any person shall pay ST @ specified rate currently 10.30% in prescribed manner and within prescribed time 
Is This Answer Correct ?    14 Yes 10 No
Amol
 
  Re: what is the meaning of service tax?
Answer
# 4
service tax is a tax which is payable against the service
for eg. when we purchase something we pay some tax on it
 
Is This Answer Correct ?    19 Yes 7 No
Deepa
 
  Re: what is the meaning of service tax?
Answer
# 5
service tax is tax on taxable rervice
Ph. 7742883648
 
Is This Answer Correct ?    6 Yes 9 No
Kailash
 
  Re: what is the meaning of service tax?
Answer
# 6
A. If a person or company provide service and for the same
they will collect the service tax for certain % is called
Service tax.
 
Is This Answer Correct ?    10 Yes 5 No
Javed
 
  Re: what is the meaning of service tax?
Answer
# 7
As per service tax act 1994(july 1), "Service tax" is a
kind of tax which charges are collecting from the service
providers at certin persentage is called service tax and
also who consumed the service from the service providers,
is also liable for payment of service tax to the GOVT.

For example:1)Transpotr services.
2)Hotels & Motels services
3)Cleaning & Furnishing services
4)Rental Room & Things
5)Such a more about 121 services are taxable in
india excempt Jammu & Kashmir.
 
Is This Answer Correct ?    18 Yes 1 No
Sateesh
 

 
 
 
Other Accounting AllOther Interview Questions
 
  Question Asked @ Answers
 
What is deffered revenue expenditure   2
what is the difference between long term debt and short term debt? Capital-IQ 8
If debtors realisation period is increased operating cycle will increase or decrease Capital-IQ 1
EXPAND___________MHRD   1
what is the basic function of accounting?   2
What is Merger?   3
what is meant by factorising   1
WHAT ARE LIMITATIONS OF ACCOUNTS ?   2
What is Demat Account? what is the use of it?   1
what is the difference between gross profit and net profit?   7
what is Debit note and Credit Note ? Genpact 3
Is there any classification of direct and indirect expenses in peach tree? then why?   1
 
For more Accounting AllOther Interview Questions Click Here 
 
 
 
 
 


   
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