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Service tax rate

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 November 2012 Dear Sir,

pls tell me that what is the service tax rate on cab hire (12.36% or 4.94%)

Thanks
Shammi
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
20 November 2012 The service tax rate is 12.36%. However there is an abatement of 60% and accordingly the effective rate of tax comes to 4.944%.
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Querist : Anonymous

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Querist : Anonymous (Querist)
07 March 2013 Thanks Sir
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