Service Tax...???

 applicable from 1/04/2009

thank you!

but my further question?

for june-2009 or november 2009, the questions may be asked for a date before 1/04/2009, so for those, we should apply the earlier rate only?

am i right?

Hi trinath..

10.3 PERCENT Service tax is w.e.f 24th february 2009 and not 1st april 09.. but i dunno its applicability for the exams..

ya, thank you deepak

actually am in ambiguity of both dates

ny how, thanks

ya ita from 24.02.2009, the date when it was passed in the parliament.. so it will be applicable for the coming november exams.. as all the amendments made prior to 6 months of the exam will be applicable for that exam... THINK SO..

ya, it is sure that it will be applicable for november exams

but my question is????

pls read it clearly

if question is like this....a service provider has rendered services on 25/01/2009 for Rs.50000

the amount of service tax in following cases

i) if consideration is received on 30/01/09

ii) if consideration is received on 03/03/2009  (after ammendment)

service is taxable at the time of rendering of service... so in your case ST rate will be 12 % as the service rendered is before the amendment date...

no, i wont think so because service is not taxable as and when service is rendered, it is taxable only when consideration is received.

in this aspect is there any possibility of other way?