Service tax

What is meant by service tax and why it is impossed?

Thanks,

 

Replies (5)

Services provided or to be provided by a person to another person will be charged to a separate levy by the name of service  tax. 

Certain services have been made chargeable to Service Tax.

AGREE WITH ABOVE

 

PERSON WHO PROVIDE LIABLE TO CHARGE SERVICE TAX IF GROSS RECEIPT EXCEED RS 10 LAKHS

Originally posted by : valji

AGREE WITH ABOVE

 

PERSON WHO PROVIDE LIABLE TO CHARGE SERVICE TAX IF GROSS RECEIPT EXCEED RS 10 LAKHS

Gross Receipt Means Gross Income?

What Services Come under Service Tax?

Thanks.

Yes, Gross receipts > Rs. 10,00,000/- received from services provided are chargeable to Service Tax.

 

Check out Section 65(105) of the Finance Act to get a complete list of services.

 

Regards

Prateek 

Originally posted by : Prateek Agarwal

Yes, Gross receipts > Rs. 10,00,000/- received from services provided are chargeable to Service Tax.

 

Check out Section 65(105) of the Finance Act to get a complete list of services.

 

Regards

Prateek 

Thanks Sir.

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