When does services tax liability arise? Is the liability on
the recipient or the payer? What is the general rate of ST
applicable?
Answers were Sorted based on User's Feedback
Answer / vandana sharma
Whenever we receive any services (like telphone bill,
light bill etc ,water bill . we are liable to pay service
tax.Service tax is paid by the person who receive the
services . The current rate of service tax is 12.36%.
Is This Answer Correct ? | 12 Yes | 6 No |
Answer / mr. roshan dahal
THE ABOVE ANSWER IS MORE OR LESS CORRECT BUT SOMETIMES IT
GOESOPPOSITE AROUND WHEN U COLLECT THE ST AND DEPOSIT TO
GOVERNMENT . FOR MORE HELP ON SERVICE TAX MAIL ME @
kshankingfishersmailbox@rediffmail.com i wil be gld to help
u. thank u
and now the rate is 10.3%
the earlier answer is 100% corect in general terms.
Is This Answer Correct ? | 3 Yes | 4 No |
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