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Categories >> Accounting >> Accounting AllOther


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what is the meaning of service tax?
 Question Submitted By :: Accounting-AllOther
I also faced this Question!!     Answer Posted By  
# 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
Is This Answer Correct ?    38 Yes 16 No
# 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
# 3
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
# 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
# 5
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
# 6
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
# 7
service tax is tax on taxable rervice
Ph. 7742883648
Is This Answer Correct ?    6 Yes 9 No

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