2007-02-28 19:01:55 · 9 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ India
SERVICE TAX
It is CENTRAL GOVT TAX, and is uniform all over INDIA.
The rate is 12 % + 2 % (Education cess on Tax Amount)
There is a proposed revision in this budget and the proposal is
12 % + 3% (Education cess on Tax Amount)
Hoping ur query well resolved.
2007-02-28 23:23:31 · answer #1 · answered by AVANISH JI 5 · 0⤊ 0⤋
In Bangalore, applicable Service Tax is12% and one have to pay additional Education Cess 2% on Service Tax.
2007-03-01 15:11:45 · answer #2 · answered by Mr.Prasanna S 1 · 0⤊ 0⤋
Service Tax @ 12% + Education Cess @ 3% on S.T. after yesterdays budget comes to a tax rate of 12.36%
2007-03-01 03:37:42 · answer #3 · answered by hsb_iitian 2 · 0⤊ 0⤋
Any where in INDIA, Service tax is 12 % plus Edu Cess 2 % on Service tax
2007-03-01 11:35:12 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Service Tax @ 12% + Education Cess @ 2% on S.T.
2007-03-01 03:09:52 · answer #5 · answered by shiv 1 · 1⤊ 0⤋
General service tax rate is 12.24%(including cess) everywhere in India.There is small scale service provider exemption which is going to be Rs 8 lakh for next financial year.Further, there are abatements in value in case of many services for which refer to Service Tax Notification No.1/2006 on the link below:
http://allindiantaxes.com/service-tax.php
Further, first of all you should ensure whether you are liable to pay or not and if under which category of notified taxable service.
2007-03-01 09:27:40 · answer #6 · answered by Anonymous · 0⤊ 0⤋
12% service tax 2 % cess
2007-03-01 03:12:34 · answer #7 · answered by Anonymous · 1⤊ 0⤋
It is same from Kashmir to Kanya Kumari via Banglore. 12% + 2% = 12.24%
2007-03-01 03:50:31 · answer #8 · answered by Anonymous · 0⤊ 0⤋
dear Sudipa, I am Sabyasachi, frm kol, i don't give ur ans, but i wana make a frnd ship with u, will u ?
2007-03-01 03:15:15 · answer #9 · answered by Jan 1 · 0⤊ 1⤋