Rate of Service tax applicable for MAY2010

 d same rate as applicable before

10 % only app from 24-02-09

for may 10       10.3 applicable

10.3%

10.30 %

The service tax rates has been changed from effective date of 24th Feb 2009.

If the question in the exams quote as the period of services rendered is before 24th Feb 2009 then you should apply the rate of 12%(plus cess). If no period is quoted then apply 10%(plus cess). However the chances are that the period of rendering os services will always be 2009-10 financial year ,so rates win that case would be 10%(plus cess).

Thanx :)

Please help me to know that Is service tax is applicable on Rent on Plant & Machinery & Equipment  if yes wt is rate ?