What is the service tax rate for individual contractors and
firm contractors.

Answer Posted / deepak

10 % service tax and + 2 % edu cess + 1 % h.edu cess in both

Is This Answer Correct ?    9 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Hi, Please guide me in the TDS calculation. I know the slabs.But I dont have much idea about the deduction part.What is the need of Bsic and HRA while calculating TDS.Also I heard that LIC, Rent etc is excempted from TDS.Please guide me...my email id is tinjusyriac@gmail.com Thanks in advance..

1595


Is there any change in the section 80E for the financial year 2009-10

1720


What is the Procedure of Import & Export

1660


I run a small consultancy firm (partnership with my mother) from my residence address. My firm is not registered, but I do have a separate PAN for it. I do not have any salaried employees. I get work done by freelancers and vendors and pay them against invoice. My annual revenues are just about Rs 5-6 lakhs. I am aware that I would need to register for service tax once I touch Rs 9 lakhs. But I am confused about my obligation to get a TAN and deduct TDS for all vendor/freelancer payments. Are there any minimum thresholds for withholding TDS? Right now I pay 100% of invoice amounts. Please advise.

1465


WHAT IS DEFERRED TAX LIABILITIES.AND WITH EXMPLE DEFERRED TAX ACCOUNTING?

1550






Define financial year?

707


what is the detail procedure to filling ITR-I,ITR-II AND ITR- 1V V1 IE e-filling procedure

1561


Can we get excise and VAT credit form staff welfare goods like shoes, uniform, goggles etc.?

2198


IS THERE IS ANY EXUMTION FOR THE NEW CONCER TO NOT THE DEDUCT TDS IN THE 1st YEAR OF ITS INCORPORATION IF THE TURNVOER EXEED THE SPECIFIED LIMIT IN THE 1st YEAR.

1925


ON WOODEN FURNITURE EXCISE IS APPLICABLE OR NOT ?

1757


WHAT IS THE PROVISION OF TDS RECEIVABLE AT THE TIME OF YEAR ENDING GIVE THE EXAMPLE WITH ENTERY ON MY E.MAIL sonidilip87@yahoo.com

2718


what is the scope of business taxation in private company?

1847


Can we pay advance salary to a single employee in cash of an amount exceeding 10,000?

1035


We have a constructed a goverment approved textile park in year 2007. will we have to pay Service Tax on that Construction Service?

1443


Where can i get IFAM Banglore details, i came to know that there they are giving Accounts & Taxation Training on Real Projects, and they are providing Job after training. I got one number that is not reachable i.e 9591777526. Please give me if any one knows this Institute details.

1514