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