service tax computation

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Querist : Anonymous

Querist : Anonymous (Querist)

26 December 2010 Dear All,
Please give the formula to computation of service tax.

CA Shailesh Kumar Bhagat (Expert)
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27 December 2010 mention the name of service.

Guest

Guest (Expert)

27 December 2010 Gross value of service X service tax rate @10% + (Plus) Service tax X education cess @ 3%

vinu vasudevan (Expert)
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27 December 2010 GROSS VALUE:Rs.X
SERVICE TAX:10% OF Rs.X
EDU CESS :2% OF (10% OF Rs.X)
SHH CESS :1% OF (10% OF Rs.X)

CMA Ramesh Krishnan (Expert)
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27 December 2010 Gross recipt x 10% as service tax and 2% as E.cess on Service tax & 1 % as SHE cess on service tax

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