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rate of service tax

vineet jain (c.a) (114 Points)

19 July 2009

hello if any one know the rates of service tax of various services, plz mail me

my E-mail id is vineet3030 @ gmail.com

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6 Replies

Sachin Kolekar (accountant) (40 Points)
Replied 20 July 2009

Originally posted by :vineet jain
"	hello if any one know the rates of service tax of various services, plz mail me my E-mail id is vineet3030 @ gmail.com	"

Service Tax rate is flat 10.30% for all sevices.

Sangam (CA) (1329 Points)
Replied 20 July 2009

last year it was 12 % + 3%education cess i.e. 12.36%

& dis year it is 10 % + 3% educatin cess i.e. 10.3%

Madhukar N Hiregange (Chartered Accountant) (39039 Points)
Replied 20 July 2009

Normal rate is 10% + 3 % cess on tax. However several services have abatments which are conditional / unconditional. The effective rate could be lower.

R.P.Singh (Advocate & Consultant) (1173 Points)
Replied 20 July 2009

Normaley 10.3%.

Ritesh Goyal (Dy Manager) (111 Points)
Replied 20 July 2009

w.e.f. 24.02.2009 rate of service tax is 10%, Education Cess 2% and Secondary and higher Education cess is 1%. In nut shall it is 10.3% of value of taxable service.

EKALABYA TALUKDAR (SERVICE TAX CONSULTANT) (666 Points)
Replied 31 August 2009

Originally posted by :vineet jain
"	hello if any one know the rates of service tax of various services, plz mail me my E-mail id is vineet3030 @ gmail.com	"

Fron 24.02.09 the SERVICE TAX Rate is 10% + 2% + 1% ( 10.3% ). Previously it was 12% + 2% 1% ( 12.36% ). In some service the SERVICE TAX Authority has sanctioned some Abatements. For the list of Abatements you can mail me. serviece.tax.ac @ gmail.com