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Details of service tax

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(Querist)
30 July 2013
what is the service tax?

how to calculate the servicetax?
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RENGARAJ R.K

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RENGARAJ R.K (Expert)
05 August 2013 Service tax is indirect tax levy for the services provided by the assessee whose total income in a year crosses 10 lacs. The service tax rate is 12.36% and the same is collectable from the party like vat.

For further details go to cbec site and click FAQ

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