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What is a service tax?.How to pay the service tax return?
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Answer Posted / yash
service tax is levy of tax on the services provided by any
individual, firm, co. etc...
any body provide any type of services and his service
exceed the amount of 10 lakh he is must be ragistration in
service tax department
now this time service tax rate is 10.3%
10% is service tax
2% is edu. cess
1% is higher educess
total tax is 10.3% on the amount
calculate the amount of service tax nad paid by tr-6
challan to the govt.and in every 6 month we submitted the
service tax return in the department.
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If any body have knowledge for vacate position for the post of Accountant kindly mail me verma_moti@yahoo.co.in (handling Accounting upto finalisation,Sales tax/vat,TDS,Service Tax,Excise tax and MIS.
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