Service tax rate applicable for ipcc november,2012.

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Can someone kindly tell me what the applicable service tax rate for IPCC november, 2012 is? Is it 10(+3)% or 12(+3)%?
Replies (17)

10.30% for nov 2012

10.30% only  for nov 12 exams :)

Thanks for the replies.

hi jainith 

          are u sure about this?

Yeah.. I'm pakka sure ! As I'm also appearing for IPCC nov 12 only :)

for Nov. 2012 exams s.tax rate ---- 12.36%

 

 

Thanks & Regards

Vipul jain

some say its 12%...wats da exact rate?

Originally posted by : vipul jain

for Nov. 2012 exams s.tax rate ---- 12.36%

 

 

Thanks & Regards

Vipul jain

No vipul bhai..

According to the latest journal from icai its says that :

service tax rate will be applicable as given in publication of dec 2011.. for Ay 12-13..

And the rate given in the dec 2011 publicaton book is 10.30%

For the reference i'm attachimg file i.e. latest jouranl by ICAI for the month august.. :)




 

As per Supplementary Study Paper 2011, the service tax rate applicable for november,2012 exam is 10.3%. I was confused before I checked the aforementioned source. Thank you everybody for your replies.

Good evg frnds.....

RTP-Nov. 2012 ==>> As per RTP relevant for nov 2012 exam,, S.tax rate is 12 % puls cess....

 

chk dis link....page no. 9

Bhai vipul..

The file which u provided says that 12.3% will be applicable only on and after 01.04.2012 i.e. it will be applicable for assement year 13-14 but not for AY 12-13..

As we are writing for nov 12 the provisions related to AY 12-13 will only apply.. therefore the tax rate for the AY 12-13 is 10.30% only.. so 10.30% applies

Now plzz don create any further doubtz n confusion :)

Thanking you smiley

as per the RTP the ST rate is 12%

frnds dnt get confuse.....its d time to revise not to confuse...st applicable rate is 12% basic and cess 3% in total 12.36%

what is the amount of service tax payable on every 10 Lakh (or part of 10 Lakh) of aggregate face value of lottery tickets printed by the organising State for a draw?? i need the answer as per the amendments applicable for ipcc nov 2012.....

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