service tax computation

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
26 December 2010 Dear All,
Please give the formula to computation of service tax.

27 December 2010 mention the name of service.

Profile Image

Guest

Profile Image

Guest (Expert)
27 December 2010 Gross value of service X service tax rate @10% + (Plus) Service tax X education cess @ 3%


27 December 2010 GROSS VALUE:Rs.X
SERVICE TAX:10% OF Rs.X
EDU CESS :2% OF (10% OF Rs.X)
SHH CESS :1% OF (10% OF Rs.X)


27 December 2010 Gross recipt x 10% as service tax and 2% as E.cess on Service tax & 1 % as SHE cess on service tax



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries