Service tax
This query is : Resolved
03 April 2012
hi,
pre-budget the rate of service tax was 10.30 (inc cess and higher cess)
in the budget its said the service tax increses by 2% /Do you mean now the cess and higher cess is droped and new rate is 12% or the new rate is 12.36%
pre-budget the rate of service tax was 10.30 (inc cess and higher cess)
in the budget its said the service tax increses by 2% /Do you mean now the cess and higher cess is droped and new rate is 12% or the new rate is 12.36%
03 April 2012
New Service tax rate is 12% + EC 2% and SHEC 1%. Total 12.36%.
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