service tax

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Querist : Anonymous

Querist : Anonymous (Querist)

09 September 2014 What is the service tax

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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09 September 2014 its like tax on providing taxable services

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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09 September 2014 Service Tax is a tax imposed by Government of India on services provided in India. The service provider collects the tax and pays the same to the government. It is charged on all services except the services in the negative list of services. The current rate is 12.36% on gross value of the service. Service Tax was introduced vide Finance Act 1994.

Also check out ebook from below link for more details about Service Tax:

https://caclubindia.s3.amazonaws.com/cdn/files0512/974692_60715_service_tax__pdf_e_book__8th_edn_ca_pritam_mahure.pdf

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