what is sevice tax present rate
Answers were Sorted based on User's Feedback
Answer / moti
service tax --------------- 10%
educational cess 2%
Secondary e.cess 1%
| Is This Answer Correct ? | 60 Yes | 18 No |
Answer / rajaram
Service Tax 10.30%
Break up:
Tax 10%
Cess(on Tax) 2%
Se.Cess(on tax) 1%
total 10.30
| Is This Answer Correct ? | 50 Yes | 13 No |
Answer / manikandan
After Feb,2009
the central govt.
Reduce the service tax for 12.3% to 10.3 %
Service Tax = 10 %
Ed, cess = 2 % (2% of the 10% )
Sec Ed,cess = 1 % (1% of the 10% )
-----
10.3%
| Is This Answer Correct ? | 17 Yes | 2 No |
Answer / arvind kumar
Present Service tax rate is 10.30% (ST-10%+EC-2%+SEC-1%)
effective from 24th Feb 2009
| Is This Answer Correct ? | 23 Yes | 10 No |
Answer / salman
At present, service rate is 10%
E.C 2%
S&HEC 1&
Hence rate-10.36%
| Is This Answer Correct ? | 54 Yes | 46 No |
Answer / v.praveen reddy
as on 01-04-2012
Service Tax 12.30%
Break up:
Tax 12%
Edu Cess(on Tax) 2%
Se.Cess(on tax) 1%
total 12.30
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / pawan gupta
Service Tax @10%
Education Cess on service Tax @2%
Secondry & Higher Education Cess on Service Tax @1%
Total @10.3%
| Is This Answer Correct ? | 3 Yes | 2 No |
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