Hai friends,
Let me know the about service tax on Transport Business (Rate and amount on which tax is leviable)
Satish
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service tax on Transport Business
Replies (6)
Rate is 12% + 2% EC + 1% SHEC
75% abetment available subject to certain conditions
What is service tax
HI Mahesh Here
Dear Satish
You have to bifurcate inward & outward Trasnport, then abetment & Service Tax. As you must be aware, outward trasport from the place of removal is not elegible for CENVAT credit
Hai friends
Let me tell about the additional depreciation on mfg. entity whether its applicbale to job work industry which engaged in jobing machine's related items
sorry frineds asked query in not proper group
Let me tell about the additional depreciation on mfg. entity whether its applicbale to job work industry which engaged in jobing machine's related items
sorry frineds asked query in not proper group
Let me know about service tax on Rent-a-Cab (Rate and amount on which tax is leviable)
Hi,
As per Notification No.01/2006-ST, dated 01-03-2006 60% abetment for Rent-a-cab service is available i.e. U have to pay on 40% at prevailing Rate i.e 12.36%.
SUBJECT TO OTHER CONDITIONS MENTIONED UNDER SAID NOTIFICATION LIKE NON AVAILMENT OF CENVAT CREDIT ETC.
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