service tax means


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Querist : Anonymous (Querist)
01 April 2010 Please say What is meant by Service Tax, Why we will paid service tax. Please Say Details. I Don't no all of this. i have interested please.

01 April 2010 The responsibility of collecting the tax lies with the Central Board of Excise and Customs (CBEC). The office of Director General (Service Tax) has been formed in the year 1997 to monitor the collection and assessment of service tax.

Service tax is a tax levied on services rendered by a person and the responsibility of payment of the tax is cast on the service provider. It is an indirect tax as it can be recovered from the service receiver by the service provider in course of his business transactions.

Sevice Tax Registration. To apply for service tax number, you must use Form 1. You must have PAN to apply. For more information: www.cbec.gov.in and www. servicetax.gov.in


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