Service tax rate..

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 August 2012 Respected Sir,

What is the rate of service tax applicable for ipcc, nov exams ??

27 August 2012 As per section 66, rate of service tax is 12% of the value of taxable services. However, in February 2009, the rate of service tax was reduced to 10% vide Notification No.8/2009 ST dated 24.02.2009.

With effect from 01.04.2012, Notification No. 02/2012-ST dated 17.03.2012 rescinded the said notification and resultantly, the rate of service tax has again been restored to 12%.

for updation link is:

https://www.mediafire.com/?2manm9m1zkrcm1o


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