Hi,
We are bills which attracks Service Tax, but Service Tax Charges by different parties were not uniform some of them were charging 2.58%,4%&10.3%. Is there any specified rates for different type of services or parties having the special exemption. Can any one please help me.
well the normal rate of service tax is 10.3%. but in certain services certain abatement is there. for example in case of transporters the abatement is 75%. please name out the services on which you have found this..
Standard rate as per Finance Act 2010 is Service Tax Rate is 10.3%. but we can go to composition Scheme of 4% if it is a Works Contract Service.
well rightly added by venkateswarlu sir..
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