What are the present rates of Vat, Tds & Service Tax?
Answers were Sorted based on User's Feedback
Answer / perminder singh
SERVICE TAX RATE IS 12.36%
VAT RATE IS 5%,12.5%,20% & TDS RATE DEPEND UPON ITEMS
| Is This Answer Correct ? | 56 Yes | 13 No |
Answer / nishant sehgal
Vat Rate is 5%,12.5% & 20% & Tds depend on Items
| Is This Answer Correct ? | 48 Yes | 21 No |
Answer / bikash
VAT rate depend on State level legilative in West Bengal
1%,4%,12.5%, 0 rated and exempt Vat
TDS rate depend on upon iteam........
Professional fees @10%
Job Work 1% for individual & 2% Firm
Interest @10%
etc..........
| Is This Answer Correct ? | 21 Yes | 3 No |
Answer / pawan rokade
Service tax rate is 12.36%, VAT Rates are 5%, 12.5% & 20%
and Rate of TDS is depend on Sections and Type of Deductor
DS is deducted i.e. U/s 94 C for Individual & HUF TDS Rate
is 1% & for Company or Firm TDS Rate is 2%.
| Is This Answer Correct ? | 18 Yes | 6 No |
Answer / santosh aher
Vat: 5%, 12.5%
Tds: JOB WORK 2%, WORKS CONTRACT 2% & INDIVIDUAL W.C. 1%, PROF.FEES 10%.
Service Tax: 12.36%
| Is This Answer Correct ? | 9 Yes | 0 No |
Answer / saheli mitra
VAT RATE DEPENDS ON PRODUCTS
SERVICE TAZ 10.36% AND 12.36% DEPENDS ON MATTER
TDS RATE
FOR CONTRACTOR 1% FOR INDIVIDUAL/FROM FIRM AND FOR COMPANY
2%
TDS ON COMMISSION/RENT 10%
| Is This Answer Correct ? | 12 Yes | 4 No |
Answer / ashok kumar sahoo
Hi,
1. VAT
1% Tax ( Gold ornaments & Diamonds etc )
5% Tax ( Daily consumable Goods, as usual Goods )
12.5% Tax ( On Luxerious Items etc.)
20% Tax ( On Lubricant Oil etc )
2. TDS is a Direct Tax
Rate of TDS
TDS Rent@10%, Range upto-1,80,000/-
TDS Cont.@2% in case of companies, Range upto 75000/-
TDS Cont.@1% in case of other than companies Like Individual, Partnership firm etc
TDS Comm.@10/- Range upto 5000/- incase of insurance & 10000/- incase of Banking
TDS Proffessional @ 10/- Range upto 30000/-
3. service tax is a Indirect tax
Rate of Service Tax-10.30%
Regards:
Ashok
I Disk Solutions
09861991761
| Is This Answer Correct ? | 10 Yes | 2 No |
Answer / ravindra chikane
Vat - 12.5 %
Tds -1 %
Service tax - 12.36%
| Is This Answer Correct ? | 16 Yes | 10 No |
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