Please tell me about service tax? And service tax latest
rate?
- 30 Answers
- 36776 Views
- CDS Technologies, Decoplast, Goods Transport, Jay International, TATA, The Institute of Computer Accountants, I also Faced
- E-Mail Answers
Answer Posted / ajit yadav
Service Tax rate is 10.30%
Service Tax - 10%
Edu.Cess - 2%
S&H Cess - 1%
| Is This Answer Correct ? | 134 Yes | 9 No |
Post New Answer View All Answers
Who are non resident?
Dear Experts, I need your help in deriving a formula for calculating three taxes with a combination of cumulative and inclusive tax. Here are the examples with expected result. Please let me know the formula on how to get the given result. Example1: Total Product Value (V) = 1000 (with inclusive of all 3 taxes and below mentioned cumulative combinations) Tax1 rate is 10% and Tax1 is inclusive. Tax2 rate is 10% with Tax2 is inclusive and cumulative of Tax1 Tax3 rate is 10% with Tax3 is inclusive and there is no cumulative of Tax1, Tax2 Expected Results are: Tax1=76.34 Tax2=83.97 Tax3=76.34 Let me know formula to derive above values? Example2: Total Product Value (V) = 1000 (with inclusive of all 3 taxes and below mentioned cumulative combinations) Tax1 rate is 10% and Tax1 is inclusive. Tax2 rate is 10% with Tax2 is inclusive and cumulative of Tax1 Tax3 rate is 10% with Tax3 is inclusive and cumulative of Tax2 Expected Results are: Tax1=75.70 Tax2=83.27 Tax3=84.03 Please let me know formula to derive above values? Thanks in advance.
WE purchase Firewell for our office Rs.26500/- the vendor charge 5% vat on 26500=1325 and S.Tax 14.5% on 26500/- =3843 is it is possible please clarify
I am a civil Engineer consultant. On an item for example Rs.100, I am adding 4%WCT ie., Rs.4 and I am certifying the contractor bill for Rs.100.00 + Rs.4.00 = Total Rs.104.00. But my client is deducting 4% on Rs.104.00 ie., Rs. 4.16. So, finally contractor is losing Rs. 0.16 on Rs. 100 which amounts to lakhs on the project value. Can you please guide me on this? Santosh Kumar
if i have a comany take contract from gvt. & i take contract from that company, & in his bill he show about all tax deduction ike IT, WCT etc, but material is purchase by that company not by us so here i want to know how WCT applicable? on total amount of contract or according to rule like material service & after adding all things??
I have mentioned the buyer as in Kolkata and the consignee's in Jharkhand now the consignee has issued the C Form whether the C Forms is acceptable or not kindly help me
if any civil contractor provide service to education institute, then there is an exemption for service tax liability, and he should be quoted it on its invoice, can u provide me sample invoice formats
what Is the ITc Claimed. how to utilized the ITC.
What is the rate of Excise duty for all goods Is der any Difference in rate of exice duty for Chemicals And Fabric
i want know central excise duty codes with cess?
taxes leivied on carpentar & plumbing services
What items fall under the category of ‘securities’?
if a person is investing rs.100 per month for 11 months of a year,how much ammount of annuity he will be paid at the end of year?
I paid service tax double time due to web site problem for the year 2009-10, is there any chance to claim that amount if yes please tell me the process. thanking you.
Hi, Is there limit of applicablity of excise payment for any orgnization...?? what is date of excise payment..?? Excise return date & what procedure & how to take benifit availing service tax in excise return..? What form reuire for Excise Return..??
