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what is the meaning of service tax?
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Answer / sateesh
As per service tax act 1994(july 1), "Service tax" is a
kind of tax which charges are collecting from the service
providers at certin persentage is called service tax and
also who consumed the service from the service providers,
is also liable for payment of service tax to the GOVT.
For example:1)Transpotr services.
2)Hotels & Motels services
3)Cleaning & Furnishing services
4)Rental Room & Things
5)Such a more about 121 services are taxable in
india excempt Jammu & Kashmir.
| Is This Answer Correct ? | 53 Yes | 3 No |
Answer / chandrabhanu
the person who provide service more than 10,00,000 is
layable to collect charge from his parties.
for company it has deposit before 5th month for firm it has
deposit quardertly & for individual it is deposit half of
year
| Is This Answer Correct ? | 53 Yes | 23 No |
Answer / e. sivakumar
A Person Service Provide any Other Person shall pay the
Tax. That is Called Service Tax
| Is This Answer Correct ? | 42 Yes | 23 No |
Answer / deepa
service tax is a tax which is payable against the service
for eg. when we purchase something we pay some tax on it
| Is This Answer Correct ? | 30 Yes | 14 No |
Answer / javed
A. If a person or company provide service and for the same
they will collect the service tax for certain % is called
Service tax.
| Is This Answer Correct ? | 19 Yes | 8 No |
Answer / amol
Every person providing taxable services to any person shall pay ST @ specified rate currently 10.30% in prescribed manner and within prescribed time
| Is This Answer Correct ? | 16 Yes | 13 No |
Answer / shahabaj
Definition of 'Service Tax' Definition: Service tax is a tax levied by the government on service providers on certain service transactions, but is actually borne by the customers. It is categorized under Indirect Tax and came into existence under the Finance Act, 1994.
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / krishna
a person ,company, organisation service provide to the another person or companyor public government collect the tax is called service tax. service tax means it is a tax pay to the government
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / kailash
service tax is tax on taxable rervice
Ph. 7742883648
| Is This Answer Correct ? | 10 Yes | 14 No |
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