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SERVICE TAX RATES

rates 1930 views 3 replies

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.

 

Replies (3)

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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