13 June 2013
Sir I have started my business from Apr 2013 and we are providing security guards to our client. We are claiming service tax from our client @ 3.09%. Now we want to deposit the claimed service tax to govt, I want to confirm that under what head I have to deposit the ST. Suppose we are claiming 5000.00 ST, then how much % education cess we have to deposit. Thanks
13 June 2013
out of 3.09 3% is service tax and .09% is education cess eg. on Rs 100 service. Rs 3 is service tax and 3% of this Rs 3 i.e, Rs .09 or .09% of Rs100 is education cess.
u can check the no. or head from your ST-2 certificate.
CAclubindia
