02 June 2011
If a company engages manpower from a manpower consultancy. The consultancy raises the bill for the month. Now my question is 1.at what rate the company has to charge the service tax on the bill and rate of cess. 2. Do we need to deduct TDS on the above transaction or not.
03 June 2011
the service tax rate is 10% and Basic education cess is 2% and Secondary and higher education cess is 1%. So effectively the rate of service tax is 10.3%,
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