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Rate of Service Tax

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akbar (Querist)
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04 March 2010
Sir,
Kindly guide us how much rate applicable for the financial year 2009-10 and f.y 2010-11 also inform about suchagre and cess on service tax applicability at the earliest.
regards
akbar

CMA.Palani Arumugam

CMA.Palani Arumugam (Expert)
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04 March 2010 Service tax rates are as follows

From 11.05.07 to 23.02.09 - 12.36% (12% service tax + 3% Cess on ServiceTax)

From 24.02.09 onwards - 10.30% (10% servuce tax + 3% cess on Service Tax)

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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04 March 2010 Yes.10.3% only

CA Ravi Sisodia

CA Ravi Sisodia (Expert)
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04 March 2010 agree 10.3%

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