Please tell me about service tax? And service tax latest
rate?
Answer Posted / mohd. jakir
Latest service tax rate 10% and education cess 2% higher
education cess 1%.
| Is This Answer Correct ? | 7 Yes | 2 No |
Post New Answer View All Answers
Sir, We purchased coal from NCL on CST basis. An incentive is paid on the basis of performance basis of NCL. NCL Raise there incentive bill for Rs. 1000+CST2% Rs.20 Total Rs. 1020/-. But As per Our Calculation, Incentive bill should be Rs. Basic 900+18 (CST)total Rs. 918. We argue and disputed and paid only Rs. 918/- . After Some time they also agree that incentive amount should be Rs. 900+CST but Now they revised the bill like this Basic Incentive Rs. 900+CST Rs.20/- (Original Tax value). And now they are demanding C for with CST 20/- but our pleas is that we are not liable for the mistakes made by the NCL and will issue C for for Rs. 18 Only. Now They are demanding C for for difference of Rs. 2 of CST. My Question is what should be the actually value of C form for CST ie. Rs. 18 or 20. considering the fact that we accounted only rs. 918/- in books and disputed is resolved after one year for basic value.
What are the deductions under salary head? Name the items.
Is wct charged on firm or proprietors ?
why charges PURCHASE @ 15 % TAX RATE ?
What is Form-I, FORM-F, FORM-H, FORM-E and FORM-C?
ER-5 & ER- 7 ER -4 related all information 1) What Fill The ER-5 & ER- 7 ER -4 2) What Infomation Fill In the return
Hellow this is ravindra wanted to know about excise duty rates pls suggest
what diff. between Account ,Commerce and Finance?
how to calculate entry tax interest rate 2011-2012 assessment pending amt. is Rs.32000
If I have bought goods from a seller in India and finally exported it to some other country, my understanding says I have to issue form H to seller to get cst exemption. My question is wether Bill of lading is must to be given to seller or not bcos if I give bill of lading to the seller from whom i haave bought material confidential information will go to seller as bill of lading will have buyers details...pls guide how to overcome this issue.
why use diff vat forms like vat51 vat3 why
what is capital account? how to manage it? what is the process?
From Karnataka,while sending material out, which are all the states required Form 38?
WHAT IS THE PROVISION OF INCOME TAX, SELF ASSESSMENT TAX AFTER AUDITING GIVE THE EXAMPLE WITH ENTERY
what is works contract tax? if a contractor made a bill as repairs to machinary 00000000/- service tax 12.36% on 40% on basic value Vat 5% on 60% of the basic value of the bill amount how can i deduct works contract tax? please suggest me?