what is sevice tax present rate
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Answer Posted / manikandan
After Feb,2009
the central govt.
Reduce the service tax for 12.3% to 10.3 %
Service Tax = 10 %
Ed, cess = 2 % (2% of the 10% )
Sec Ed,cess = 1 % (1% of the 10% )
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10.3%
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