WHAT IS SERVICE TAX.
Answers were Sorted based on User's Feedback
Answer / guest
it is a tax which is taxed on service done to a customer
Is This Answer Correct ? | 15 Yes | 0 No |
Answer / smita
Service Tax is indirect tax which is collect by Central
Govt.Service Tax is payable only when service is received in
India. Service Tax is paid on service,but when turn over
exceed above Rs.9,00,000/- then registration is compulsory &
ore than rs 10,00,000/-then applicable for billing.Service
Tax rate is 10.30%.Service provider should register within
30 days from date of commencement of providing taxable
service.Mandatory interest for late payment of service tax
is 13%.Every person liable to pay service tax has to submit
half yearly return in form ST-3 in triplicate within 25 days
of the end of the half-year [Rule 7]. Late fees up to Rs
2,000 are payable if return is filed late.
Is This Answer Correct ? | 8 Yes | 0 No |
Answer / harendra pal
service tax is the indirect tax.service tax reccive on
providing service.
Is This Answer Correct ? | 6 Yes | 0 No |
Answer / kasturi
Service Tax is a form of indirect tax imposed on specified
services called "taxable services"
Is This Answer Correct ? | 4 Yes | 0 No |
Answer / syed imtiyaz
Service Tax was introduced in India in 1994 by Chapter V of
the Finance Act, 1994. The service tax is charged for
service taken from others. The tax is paid to Govt Form TR-6
for payment of service tax
Is This Answer Correct ? | 3 Yes | 0 No |
Answer / ayyappa nayar
It is an indirect tax, The Government levy tax for the
service provided is called the service tax.
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / shiva
service tax is a tax which tax recieved on service
and it is pay to government it is the service tax any
doubt contact me at 09848083705 or mail me
sreshtashiva@yahoo.co.in
Is This Answer Correct ? | 3 Yes | 2 No |
Answer / arti
service tax is the tax which is received on service & it is
paid to government.
Is This Answer Correct ? | 3 Yes | 2 No |
Answer / deepak bendwal
service tax rate is 10.3% on services
if you have a contractor & you done project work
service tax on charge 33% of project cost & renaming 67% is
chargeable on vat 5%
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / shreya parekh
service tax applicable both service you received & you
provide service tax rate 12.36%
service tax is a tax which tax recieved on service
and it is pay to government
service tax is the indirect tax.service tax reccive on
providing service
Is This Answer Correct ? | 1 Yes | 0 No |
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