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(Querist)
23 September 2009 Hi friends,
I am working in proprietor concern.
Any one pls... tell me about service tax calculation and the penalty rate?
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CA.Hanumantha Reddy

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CA.Hanumantha Reddy (Expert)
08 November 2009 Service Tax is caluclated on gross amount and penalty would be based on the situation like non registration or non payment or short payment or non filing of return, etc.

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