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Categories >> Accounting >> Accounting AllOther
 
 


 

 
 Audit interview questions  Audit Interview Questions (427)
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions (158)
 Taxation interview questions  Taxation Interview Questions (1897)
 Accounting General interview questions  Accounting General Interview Questions (2805)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4359)
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
 
If Bank OD In Balance Sheet Which Site Showing?   12
What is a TDS ?   3
Took a loan of Rs.2000 from Sachin for the marriage. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?   3
Expand----------NZP   1
How should you treat money donated to improve a building, which is a permanent endowment?   3
i engaged with the accounts of manufacturing concern, i have a question when we purchased a fixed assets and after this we put the fuel in this for trial then this fuel is our also capital exp   1
Presently I am Working with one of the manufacturing unit and I want to know the % of calculation of esic & provident fund from basic & dearness allowance.   1
What is the difference between Capital Reserve and Reserve Capital? Brigade 24
What Entries come under Bank OCC A/c. & Bank OD A/c. ? SBI 6
WHAT IS THE MEANING OF CREDIT WORTHINESS? Capital-IQ 7
fresher how to attend the interview. what to know?   2
what is derivative? Capital-IQ 7
 
For more Accounting AllOther Interview Questions Click Here 
 
 
 
 
 


   
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