what is serviuce tax,how to calculate service tax?
Answers were Sorted based on User's Feedback
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 |
Answer / shwetha
Service tax is a tax Calculate to bill groos amount and +
tds = 100
Is This Answer Correct ? | 6 Yes | 4 No |
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 |
Answer / servicetaxcalculator
Use this free online tool to calculate service tax.
www.servicetaxcalculator.com
Is This Answer Correct ? | 0 Yes | 0 No |
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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