Is service tax
is direct tax or
indirect ?

Answer Posted / sakthi

Service Tax is Indirect tax

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

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??

1134


'A' is running a manufacturing set up. 'B' sends raw material (after paying CST) to 'A' for manufacutre of his specified product and 'A' keeps 'B's stock in his godown. Can 'A' buy this material from 'B' by raising a CREDIT MEMO and in the books regularises by passing Journal Entry Dr.Raw material inventory and Cr. 'B's Account.

1907


I DED TDS ON SALARY AND CONTRACTOR WHERE I DEPOSITED THIS AMOUNT WHICH PROCESS I FLOW TO FULL FILL ALL THE MANDATORY

1522


Explain deferred tax asset?

870


sub hadding no. scrap & Wastage in corrugated box

1733






when form h, form d, form 38, form h issu , what is the process of get it , who is the liable to get it , any % tax apply against issu this form, please give me answer on my e.mail sonidilip87@yahoo.com

2248


What will be the planned expenditure in the budget 2009-10

1900


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?

1415


Hi, I am working in MNC, I Want to Know about TDS. What is Deposit date of TDS for all categaries & Which challan or Form What is date of Submit tds return quarterly for in a Company & Which form fill up

1676


WHAT WOULD BE THE RATE OF DEPRECIATION OF RAILWAY SIDING AT STRAIGHT LINE METHOD UNDER COMPANIES ACT?

3539


Dear Experts, Please advice, what are the rate of WCT , and is it differ from individual to companies in case of deduction ( if i am the deducting person)

1309


Making delivery challan is possiable between two branch of difference code

1672


What we mean by MAT Credit Entitlement ???

6675


In one year how many times tds, service tax, and Mvat is paid?

2239


What is Labour Cess? Pl. define. & what is rate of Labour cess.

4125