TAX RATE DISCRIMINATION
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 January 2011
Dear Sir/Friend,
General service tax rate is 10% currently. Why the aviation industry, still now, is paying tax @12%(effectively 12.36%) to the Govt. ?
Thanking You.
Makardhwaj Singh
General service tax rate is 10% currently. Why the aviation industry, still now, is paying tax @12%(effectively 12.36%) to the Govt. ?
Thanking You.
Makardhwaj Singh
12 January 2011
Dear Experts, Kindly clarify my doubt as like in the above case. In our company, the bankers charges commission on bank guarantees issued for us. They charge ST@12.36% even though the effective rate is 10%. We have asked for clarification. but they aren't give us a valid reason. Can anyone clarify? pls....
12 January 2011
I have some confusion on rate of tax. since I have information that aviation industry is alos paying 10% service tax.
12 January 2011
Service tax is fortunately having only one rate 10%, no other rate applicable simultaneously
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST ITC REVERSE
- Fixe term employment
- Is any professional CA is here please reply
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Gift Received from nonblood relative
- Section 50-fixed asset-->building ceases to exist
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- Foreign lottery ticket bought online from India: legality, tax and consequences
- Putting a heading on received mail
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
