what is service tax

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15 November 2011 can u explain it

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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15 November 2011 It is a tax levied on the transaction of certain specified services by the Central Government under the
Finance Act, 1994.
It is an indirect tax, which means that normally the service provider pays the tax and recovers the
amount from the recipient of taxable service.

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