Service tax rate
This query is : Resolved
Mohit Nagpal
(Querist)
03 September 2012
please sir,
tell me the ammended tax rate in service tax ,which is applicable in nov 2012 ipcc exam
tell me the ammended tax rate in service tax ,which is applicable in nov 2012 ipcc exam
04 September 2012
The Current of Service Tax Rate is 12%
Education Cess @ 2% and Senior and Higher Education Cess @ 1% are also liable to be payable on the above Service Tax
Rate.
Service Tax Rate = 12%
(+) Education Cess @ 2% = 0.2%
(+) Senior & Higher Education Cess @ 1% = 0.1%
Effective Service Tax Rate = 12.36%
Education Cess @ 2% and Senior and Higher Education Cess @ 1% are also liable to be payable on the above Service Tax
Rate.
Service Tax Rate = 12%
(+) Education Cess @ 2% = 0.2%
(+) Senior & Higher Education Cess @ 1% = 0.1%
Effective Service Tax Rate = 12.36%
Message likes :
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Guest
Guest
(Expert)
04 September 2012
Yes u can take the answer of Ahamed .....which says the Effective rate of Service Tax is 12.36%.
Message likes :
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Mohit Nagpal
(Querist)
08 September 2012
thank u friends for your respond thanks
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