Service tax

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05 June 2014 how to calculate service tax in corporate firm?

05 June 2014 To calculate service tax in any firm, you need to follow all the rules regarding calculation of service tax. After all the adjustments with respect to rebates, abatement, reverse charge, joint charge, negative list, other non taxable components, on remaining portion the service tax shall be charged @ 12.36% of net taxable service.



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