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When does services tax liability arise? Is the liability on
the recipient or the payer? What is the general rate of ST
applicable?
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Answer / vandana sharma
Whenever we receive any services (like telphone bill,
light bill etc ,water bill . we are liable to pay service
tax.Service tax is paid by the person who receive the
services . The current rate of service tax is 12.36%.
| Is This Answer Correct ? | 12 Yes | 6 No |
Answer / mr. roshan dahal
THE ABOVE ANSWER IS MORE OR LESS CORRECT BUT SOMETIMES IT
GOESOPPOSITE AROUND WHEN U COLLECT THE ST AND DEPOSIT TO
GOVERNMENT . FOR MORE HELP ON SERVICE TAX MAIL ME @
kshankingfishersmailbox@rediffmail.com i wil be gld to help
u. thank u
and now the rate is 10.3%
the earlier answer is 100% corect in general terms.
| Is This Answer Correct ? | 3 Yes | 4 No |
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