list of the rate of service tax on different services
This query is : Resolved
08 April 2009
hello everybody,
can anyone give me the list of service tax charged on different catageries or on different services.
i will be glad to get this.
regards
sachin
can anyone give me the list of service tax charged on different catageries or on different services.
i will be glad to get this.
regards
sachin
11 April 2009
The current rate of service tax is 10% plus 2% ed cess and 1% SHE cess.
All services are subject to this rate
But there are 12 services which enjoy abatement from the taxable value.
Eg. Rent a cab services gets 60% abatement
so if he raises a bill of Rs. 100/- he will charge service tax on Rs. 40 @ 10% Plus 2% plus 1% as above.
If you divide the service tax with Rs. 100 the % will be 4.12% but what actually he has paid is 10+2+1
All services are subject to this rate
But there are 12 services which enjoy abatement from the taxable value.
Eg. Rent a cab services gets 60% abatement
so if he raises a bill of Rs. 100/- he will charge service tax on Rs. 40 @ 10% Plus 2% plus 1% as above.
If you divide the service tax with Rs. 100 the % will be 4.12% but what actually he has paid is 10+2+1
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Scrutiny and reopening of past returns
- Tax on Deemed Capital Gain
- Exiting partner in partnership firm in gst portal
- Type of Capital Gain
- Regarding ITR filing with more value than showing in AIS/TIS
- F & O PROFIT REPORTING FOR AY 2026-27
- Booth for sales promotion
- Reporting in TDS return
- Traces submitting correction statement error
- Can a single LLP in India legally operate multiple unrelated businesses (Travel, Cloud Kitchen, Ecom
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
