what is serviuce tax,how to calculate service tax?

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what is serviuce tax,how to calculate service tax?..

Answer / guddeti raveendra reddy

SERVICE TAX: AT PRESENT(02.11.10)10.3%
EX: TOTAL AMOUNT- 15000-00
ADD:SERVICE TAX-(15000*10/100)- 1500-00
:EDUCATION CESS- (1500*2/100)- 300-00
:HIGHER EDU CESS-(1500*1/100)- 150-00
TOTAL SERVICE TAX- 1950-00
GRAND TOTAL 16950-00

Is This Answer Correct ?    13 Yes 6 No

what is serviuce tax,how to calculate service tax?..

Answer / shwetha

Service tax is a tax Calculate to bill groos amount and +
tds = 100

Is This Answer Correct ?    6 Yes 4 No

what is serviuce tax,how to calculate service tax?..

Answer / gyanendra

=10000*12/100+(2+1)/100*12/100
=1200+36/100
=1200+.36
=1200.36

Is This Answer Correct ?    0 Yes 0 No

what is serviuce tax,how to calculate service tax?..

Answer / servicetaxcalculator

Use this free online tool to calculate service tax.

www.servicetaxcalculator.com

Is This Answer Correct ?    0 Yes 0 No

what is serviuce tax,how to calculate service tax?..

Answer / mk

Please help me how service tax should be calculated in this
case.

I am renting a DVD.

Rental charge - Rs 250
Refundable Deposit - Rs 1000
One time registration fee - Rs 500

What should be the service tax?

Is This Answer Correct ?    24 Yes 26 No

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