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Service tax

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(Querist)
24 April 2012 in service tax 12.36 what is first & secondary educesstax
& servicetax please give details
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Hari Beldona

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Hari Beldona (Expert)
24 April 2012 service tax rate of 12.36% which is inclusive of education cess at 2% of service tax and secondary and higher education cess at 1% of service tax.
Service tax ........... 12.00
Education cess 2%
=12x2%=................ 0.24
Secondary and Higher
Education cess 1%
=12x1%=........... 0.12
Total 12.36
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