service tax present rate
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Answer / ssss
The present service tax rate is 10% + 2% education cess + 1%
higher & secondary edun cess..
| Is This Answer Correct ? | 65 Yes | 9 No |
Answer / jafeth m lewis
SERVICE TAX REDUCED TO 10% FROM 12% EDUCATION RATE 2% OF
BASIC RATE AND HIGHER EDUCATION CESS : 1% OF BASIC RATE SO
TOTAL TAX RATE : 10.30%
| Is This Answer Correct ? | 44 Yes | 11 No |
Answer / aravind
The present service rate is 10.3% (Including 0.3% education
cess). This is effective from 24th Feb.2009. It was 12.36%
before.
| Is This Answer Correct ? | 24 Yes | 5 No |
Answer / azhar
The present service tas is 10%+2% on education cess + 1% on
higher education cess....
| Is This Answer Correct ? | 21 Yes | 3 No |
Answer / biswamohan satapathy
previously sevice tax is 12.36 but The present service tax
is 10%+2% on education cess + 1% on
higher education cess....
| Is This Answer Correct ? | 20 Yes | 4 No |
Answer / maruthy
the present service tax rate @10% + 3% education cess ( as
per income tax rule
| Is This Answer Correct ? | 19 Yes | 8 No |
Answer / afridi
The present rate is 10.3% (Including 0.3% education cess).
This is effective from 24th Feb.2009. It was 12.36% before.
Notification No. 8 /2009 – Service Tax for new service tax.
| Is This Answer Correct ? | 15 Yes | 5 No |
1. How to calculate vat @4% on a bill which also suffers Service Tax @ 10.30%. ie. Whether i hav to calculate on the basic or on the sum of Basic + service Tax. kindly clarify in this regard immdly. because som part of people says it sholud b calculated on the basic, another part of people says it should be calculated on the sum of Basic + Service tax.... 2. when we deduct TDS for the invoice? ie. In the invoice which suffers Vat & also Service tax or the invoice which suffers only Service Tax? Kindly clarify me immdly.
If foreign remittance revived from abroad from company to an individual saving account ,who has a tax payer,through designated agent/diplomat of rbi,( e.G. In case winning of prizes or lottery ) What is c.O.T. Code charges ? How can we treated in accounts ?
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I am working with a partner ship firm. Their are six brances in other State. Our one branch(Haryana State) sale raw material to a customer(In Haryana)and charged all tax like excise & VAT. And purchase finished goods from the same customer for other branch in Uttarakhand. What should uttarakhand branch deduct TDS for these purchase amount. If yes, then pls send us notification nos.& TDS Section.
Any body give journal entry for this PURCHASEA/C DR 500 S.TAX 50.0 SUNDRY CREDITOR 450.00 AND Which amount i taken in purchase ledger and which amount i taken in s.Tax ledger and which amount i taken in sundry creditors ledger wat are the details i require to maintain with regard to submitting of s.Tax return
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