Service Tax

DEAR ASHISH,

PLZ SPECIFY WHICH AMENDMENT U R TALKING ABOUT

Originally posted by : Ashish
	What is the date of applicability of amendment  made in respects of services provided by Chartered Accountants in Budget 2009?

Hi

I dont have an idea about service tax..Whats service tax??? Is it applicable for all..???

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Dear Grahamketty,

Service tax is an Indirect Tax just like we have sales tax in case of goods..It is a tax on sale of services.

No, it is NOT applicable for ALL KIND OF SERVICES..Government has notified 114 sevices on which Service tax is levid..

plzzzzzzzzz. clear ur question sir.

Dear frns, urgent query, pls rply

Please let me know what the interest rate will be charge in case of late deposit of service tax?

Dear AMIT,

INTEREST RATE IS 13% PER ANNUM...

Further calculation is to be made on day wise unlike Income tax where part of the month is treated as Full month..

Like:-U HAVE DEPOSITED ON 10.01.2009 THEN INTEREST WILL BE

AMOUNT *13/100*5/365

Thanx Amir

Thank U very much dear

Originally posted by : grahamketty
	Hi I dont have an idea about service tax..Whats service tax??? Is it applicable for all..?

Service Tax is a form of indirect tax imposed on specified services called "taxable services". Service tax cannot be levied on any service which is not included in the list of taxable services.

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