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Categories  >>  Accounting  >>  Accounting AllOther
 
 


 

 
 Audit interview questions  Audit Interview Questions
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions
 Taxation interview questions  Taxation Interview Questions
 Accounting General interview questions  Accounting General Interview Questions
 Accounting AllOther interview questions  Accounting AllOther Interview Questions
Question
When does services tax liability arise? Is the liability on 
the recipient or the payer?  What is the general rate of ST 
applicable?
 Question Submitted By :: Pasha20
I also faced this Question!!     Rank Answer Posted By  
 
  Re: When does services tax liability arise? Is the liability on the recipient or the payer? What is the general rate of ST applicable?
Answer
# 1
Whenever we receive any services (like telphone bill,
light bill etc ,water bill . we are liable to pay service
tax.Service tax is paid by the person who receive the
services . The current rate of service tax is 12.36%.
 
Is This Answer Correct ?    9 Yes 5 No
Vandana Sharma
 
  Re: When does services tax liability arise? Is the liability on the recipient or the payer? What is the general rate of ST applicable?
Answer
# 2
THE ABOVE ANSWER IS MORE OR LESS CORRECT BUT SOMETIMES IT
GOESOPPOSITE AROUND WHEN U COLLECT THE ST AND DEPOSIT TO
GOVERNMENT . FOR MORE HELP ON SERVICE TAX MAIL ME @
kshankingfishersmailbox@rediffmail.com i wil be gld to help
u. thank u
and now the rate is 10.3%
the earlier answer is 100% corect in general terms.
 
Is This Answer Correct ?    2 Yes 3 No
Mr. Roshan Dahal
 
 
 

 
 
 
Other Accounting AllOther Interview Questions
 
  Question Asked @ Answers
 
What is the Full Form of ACCOUNT ?  9
mutual funds invest in preference shares or not? Capital-IQ4
EXPAND_________SEBI  4
how to do tds entry at tally 9?  9
expand V D A  2
WHAT DO U MEAN BY REPO RATE??? State-Bank-Of-India-SBI18
explain different reporting methods of tally.  2
Expand ________DDO  1
How can we calculate Goodwill of a firm? ICRA2
Can you provide provision for contigent liablites?  3
what is the MIS Reports  2
What is the difference between capital work in progress and capital commitment??  2
 
For more Accounting AllOther Interview Questions Click Here 
 
 
 
 
 


   
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