Service tax calculation
This query is : Resolved
27 March 2015
old service tax is 12.36%
calculation is service tax 12%
education cess 0.24%
secondary education cess 0.12%
then new service tax is 14.28% so how to calculated the service tax
I need your help sir please
calculation is service tax 12%
education cess 0.24%
secondary education cess 0.12%
then new service tax is 14.28% so how to calculated the service tax
I need your help sir please
27 March 2015
it hadnt been yet annonced yet dear
and we all are waiting for the clarification that new rate is 14 %
now what would b this 2 % ganga clean cess means... because in budget it was said its 2 % of value... that takes net service tax rate to 16 %
so stil clarification in this regards needs to b out that it is going to be 16 % or 14.28 %
what ever the rate will b is inclusive of cess
and we all are waiting for the clarification that new rate is 14 %
now what would b this 2 % ganga clean cess means... because in budget it was said its 2 % of value... that takes net service tax rate to 16 %
so stil clarification in this regards needs to b out that it is going to be 16 % or 14.28 %
what ever the rate will b is inclusive of cess
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