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what is service tax

Answer Posted / deepak awasthi

When any employer provide any service to his customer which
income is excess under the tax then company liable for the
pay tax.

Service tax charged at rate 12% + 3% E.Cess & H.& E.Cess
=12.36%

And service tax deposited of in under 5 days who you
charged service tax to his customers.

In the payment of Service tax amount you can Credit availed
duiring of the month.

Service tax filling return as half yearly basis on 15th
octuber & 15th April.

And if any company paurchased of any item who has Excise
duty & e.cess with h.e.cess then you can credit availed
when you received excise form to your seller.

Is This Answer Correct ?    16 Yes 4 No



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