Any recent changes in service tax and VAT which is applicable for may 2011 IPCC exams??
the service tax rate is still 10 % excluding the cess right?
Hope there arent any major changes.
1 Replies
Ankit Gupta
(Learner)
(1557 Points)
Replied 22 April 2011
hii there is no change regarding service tax rates, but there are new 5 services aplicable for may11..
service tax rate=10%(excluding 2%+1% cesses)
VAT remains the same 
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