AD-FREE CAclubindia and Daily Mobile Updates. Subscribe Now!

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

Reply
Follow
Share

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