Service tax rate

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03 September 2012 please sir,
tell me the ammended tax rate in service tax ,which is applicable in nov 2012 ipcc exam

04 September 2012 The Current of Service Tax Rate is 12%
Education Cess @ 2% and Senior and Higher Education Cess @ 1% are also liable to be payable on the above Service Tax
Rate.
Service Tax Rate = 12%
(+) Education Cess @ 2% = 0.2%
(+) Senior & Higher Education Cess @ 1% = 0.1%
Effective Service Tax Rate = 12.36%

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Guest (Expert)
04 September 2012 Yes u can take the answer of Ahamed .....which says the Effective rate of Service Tax is 12.36%.


08 September 2012 thank u friends for your respond thanks



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