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Categories >> Accounting >> Accounting AllOther
 
 


 

 
 Audit interview questions  Audit Interview Questions (428)
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions (158)
 Taxation interview questions  Taxation Interview Questions (1905)
 Accounting General interview questions  Accounting General Interview Questions (2833)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4371)
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 :: Accounting-AllOther
I also faced this Question!!     Answer Posted By  
 
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 ?    10 Yes 5 No
Vandana Sharma
 
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 DO MEAN BY BRS   5
Difference between accounting and book keeping ?   2
hi all, i'll be grateul if u can help me on this. I'v been selected as a PO in SBI. Simultaneously I'v got a job offer from British High Commission in New Delhi. Can anyone suggest which will be the better option??????????   4
Expand ------AICTE   1
HOW CAN WE EXPORT ANY VOUCHER/LEDGER FROM TALLY TO EXCEL. HCL 2
WHAT IS DEPRECIATION AND HOW MANY METHODS ARE USING EXPLAIN WITH EXAMPLES   3
2. Contingent liabilities should be recorded in the books when; a) It is probable that the future events will occur b) The amount of the liability can be reasonable estimated. c) Both (a) and (b) d) Either (a) or (b) FactSet 2
what is sensex and nifty.   7
What is the difference between Direct expenses and Indirect expenses? FIC 31
method of preparing the trial balance ?   2
What is a zero debt company?   3
sale of old computor Rs 7500/- was credited to sales account Rectify it ACS 4
 
For more Accounting AllOther Interview Questions Click Here 
 
 
 
 
 


   
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