Dear Experts
I want to know how to account and pay for EC and SHEC under new ST rate of 14%. Is any back calculation to be done or whole 14% ST is to be paid and accounted as Service Tax (including EC & SHEC). Is there no need for separate accounting codes for GAR7 anymore?
Thank you
Rahul Mishra
Yes, there is a flat rate of 14%, no EC & no SHEC.....
N N V Satish & Co.,
Hyderabad
CA Inter
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HKC | Chartered Accountants & Business Advisors
Ludhiana
CA
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Varma Raja & Associates
Thrissur
CA Inter
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Fytomax Nutrition Private Limited
Aurangabad
CA Inter
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CCI
Pro
CAclubindia
