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
G.SARAVANA KANNAN
(Expert)
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.
Vivek Raju P
(Expert)
12 January 2011
Service tax is fortunately having only one rate 10%, no other rate applicable simultaneously
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