Amnesty scheme
This query is : Resolved
29 October 2013
Hi,
What is the rate of service tax in case of amnesty scheme? Is it the respective year rate or will the current service tax rate be applicable? i.e. 10.3% or 12.36%?
What is the rate of service tax in case of amnesty scheme? Is it the respective year rate or will the current service tax rate be applicable? i.e. 10.3% or 12.36%?
Nikhil Kaushik
(Expert)
29 October 2013
it is for respective year. So for the period during with service tax rate was 10.30%, you shall pay at that rate, for the remaining period 12.36%
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13 November 2013
But sir, it is neither levied nor collected, we are collecting service tax now,then what rate will be aplicable??
Nikhil Kaushik
(Expert)
13 November 2013
how does that matter? the levy has to be seen with respect to when it was deductible.
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