Service tax


This query is : Resolved 

(Querist)
21 May 2015 can you tell if the service tax is a withholding tax in nature??? And if so, is it a federal tax or a local tax from the individual state???

21 May 2015 its is not a withholding tax ..

it is a central govt tax... not a state tax

Shraddha (Querist)
21 May 2015 thank you sir. TDS comes under Withholding tax, m i right? Plz explain me withholding tax.

21 May 2015 A withholding tax, also called a retention tax, is a government requirement for the payer of an item of income to withhold or deduct tax from the payment, and pay that tax to the government

Rupesh Jain (Expert)
15 June 2015 tds only with holding nature .

Rupesh Jain (Expert)
15 June 2015 tds only with holding nature .


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