what is sevice tax present rate
Answer Posted / salman
At present, service rate is 10%
E.C 2%
S&HEC 1&
Hence rate-10.36%
| Is This Answer Correct ? | 54 Yes | 46 No |
Post New Answer View All Answers
How do you determine as to what TDS has to be deducted from each vendor supplying us the goods and doing labour work?
in a company, if employee contributing To PF equal to employer contribution. can he voluntarily stop his contribution while he is in service with that company?
my manufacture company established in Excise exempted Area. and we pay freight to transpoter.& also deduct service tax.what will be the entry of this transaction. can i adjust this service tax payable from input service tax of telephone bill.
which date Entry Tax has been started by Himachal Govt. and Please let us know the which act under Entry tax comes
Kindly, tell me abount the WCT of U.P. material & labour supply for installment of lift in premises at Noida (U.P.), our lift supplier giving the bill in 90% material & 10% Labour & charged the up vat of 12.5% , Can we liable for WCT deductor ?
What is the different between Excise Invoice and Invoice
Suppose that a sub-contractor total work done for Rs.100 & he charged 10.3% service tax.Then total gross value will RS.110.30.On what amt you will (that means on total work done or total gross value)charged Retention@10%,WCT@3% & TDS@2%.
AS PER VAT AUDIT WE HAVE REFUND OF RS.25000/- ON PURCHASE OF FIXED ASSETS WHICH WE DID NOT CLAIM LAST YEAR, NOW WHAT ENTRY SHOULD WE PASS IN BOOK. ITS URGENT
If a person have been appointed as a Director in more than one company, what is the rule of paying Prof. tax ? Is Directors prof .Tax has to be paid by all the Companies whre he is a director.?
How treat TDS & TCS in manual or Tally 9 softwere ?
is there in india the rate of work contract are same in all states if now what are the statewise rate
What is excise & service tax? What is the difference?
Sir, We purchased coal from NCL on CST basis. An incentive is paid on the basis of performance basis of NCL. NCL Raise there incentive bill for Rs. 1000+CST2% Rs.20 Total Rs. 1020/-. But As per Our Calculation, Incentive bill should be Rs. Basic 900+18 (CST)total Rs. 918. We argue and disputed and paid only Rs. 918/- . After Some time they also agree that incentive amount should be Rs. 900+CST but Now they revised the bill like this Basic Incentive Rs. 900+CST Rs.20/- (Original Tax value). And now they are demanding C for with CST 20/- but our pleas is that we are not liable for the mistakes made by the NCL and will issue C for for Rs. 18 Only. Now They are demanding C for for difference of Rs. 2 of CST. My Question is what should be the actually value of C form for CST ie. Rs. 18 or 20. considering the fact that we accounted only rs. 918/- in books and disputed is resolved after one year for basic value.
Can we use ST-38 outward form for a sale of Rs-100000/- with in the state i.e haryana
In an E1 trasaction, if the dealer fails to get the E1form from his supplier& submit it to the Sales Tax Authority, then how much will be the expected penalty from Sales Tax department, if the local tax of those item is 14.5%? Please Note: Dealer has submitted all other documents to sales tax including customer Cform expect E1 form. Kindly give us the valuable answer with the supporting CST circular number.