26 January 2012
Service tax is the flat rate of 10.30% on taxable services , there is no slab wise rate. some of the services having abatement and composition scheme based on that rate will be differ for the particular services
27 January 2012
1) For details of services (13 services ) having abatement, please see Notification no 1/2006 dated 1/3/2006. 2) For details of composition scheme, please see Works Contract (Composition Scheme for Payment of Service Tax) Rules, 2007.