When does services tax liability arise? Is the liability on
the recipient or the payer? What is the general rate of ST
applicable?

Answer Posted / 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



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What si the differance between REVENUE and PROFIT?

1486


what is ment by master in tally?

3109


why may types of accounts

1737


can anyone provide me the Balance Sheet Items & P & L Items with Accounting Heads with Accounting codes?

1758


Purchased goods worth @25000 at 10% trade discount from seven who paid 200/- as carriage on behalf of prabhakar

1632






MAY I PREPARE TAX INVOICE FROM MFG UNIT TO RETAILER DIRECTLY?

1465


What are the stages involved while preparing business blue print with examples?

317


sir, i am working recruitment con.pvt ltd inthat one person salary will pay per month Rs.28000/- so i want to enter in our books only one salary payment or basic pay and spl.aa and others like this break up entrys we will pass please suggest

1826


what type of questions are asking for fund administration???

5038


Short answer on Allowances

1506


WHAT WILL BE THE ACCOUNTING ENTRIES IN THE BOOKS IN CASE OF A COMPANY HAVING ITS SHARE CAPITAL WHEN A NEW COMPANY (LTD OR (P) LTD) IS FORMED ?

1649


let me know the meaning and Nature of cash

1516


Short Answer on _________Business

1603


.,can someone tell me how to compute the subscribed capital share?

1833


outstanding expenses are the expenses that "unpaid"at the end of the accounting period e.g.salaries rent so they all come to under nominal accounts which is debt all expenses and losses and credit all gains since they are unpaid hence they must be credited

1483