30 July 2008
Please tell me about different rates of Service Tax.
I have some bills of a Travel Agents and he has charges service Tax at different rates. Is there any exemption or another provision for charging service tax.
If there is any exemption in Service Tax then give me some information about this also.
30 July 2008
For Tourist Car operators, they have 60% exemption, for caterers 50% exemption. i.e tourist car operators can charge Service Tax on 40% of Bill and for Caterers can charge Service Tax on 50% of the Bill. For Better idea you can visit the Service Tax Website. It will give clear picture of all exemptions.