16 December 2010
Under Service TAX act rounding off of education cess is allowed or not ? For expample One person provide service of Rs 100 what will be the invoice amount, will it be Amount 100.00 Service Tax 10.00 Education cess 0.20 H E Cess 0.10 or Amount 100.00 Service Tax 10.00 Education cess 0.00(rounded off) H E Cess 0.00(rounded off)
When various type of services are provided and consolidated bill is raised, the treatment will be same or different