09 September 2011
SIR ANYONE PLZ CLARIFY MY DOUBT ,,,IS IT ENOUGH IF WE PREPARE 8 TAXABLE SERVICES LIST GIVEN BY ICAI FOR EXAM PURPOSE ALONG WITH THE THEORY IN SERVICE TAX OR ELSE SHOULD I PREPARE ALL THE TAXABLE SERVICES APPLICABLE TILL NOW (MADE APPLICABLE FOR EACH ATTEMPT)
12 September 2011
Service tax basic is very much clear. 1) If services are included in the taxable list then it is applicable.
2) If turnover is above 10 lacs then only it is applicable
3) The rate of service tax is fixed.
Now, all you have to do is you must remember the list which services are covered under Service Tax and which are not plus when and where the services rendered is taxable is it in India or outside India. Services rendered in India to outside also attracts ST>