Applicability
This query is : Resolved
29 August 2009
Can anyone tell me that service tax is applicable when it is passed in the financebill where as income tax is applicable from the next year
30 August 2009
yes
31 August 2009
I didnt got satisfactory answer
02 September 2009
Service tax is applicable from the day when the President of India gives consent to the Finance Bill and the same has been published in the official gazzette also central excise department will issue the chargebility notification which clearly indicates from which date the service is taxable.
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