Service tax on rugs business

I am thinking to open woollen rugs business. Cananyone tell me what will be the Incom and service tax on woolen rugs business. Thanks in advance for your valuable suggestion.

Replies (2)

If your business carrys sales & purchase it does'nt attract Service Tax.  If any service/process involves in your business it attracts ST

your question is in very general term.. taxations depends on various factors such as form of entity, turnover , etc.

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