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RATE OF SERVICE TAX

CMA Vamshi Raghavendra (Student) (192 Points)

18 May 2009

DEAR SIR,CAN U PLS TELL THE APPLICABILTY OF SERVICE TAX RATE FOR JUNE PCC EXAMS

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13 Replies

Arun Kumar Singh (GST Advocate) (15220 Points)
Replied 18 May 2009

10%

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Krishan (Service) (633 Points)
Replied 18 May 2009

i think 12%, as only the ammendment before 6 month is to be applicable for the exams and as far as the ST rate is concerned it has changed from 24th feb.

(Guest)

my dear.......................its 12.36%

you have to add ec and sc

1 Like

(Guest)

10.3% will not be applicable for this june

Abuzar Azmi (Employment) (330 Points)
Replied 18 May 2009

The rate of Service Tax is applicable in Practice is Now 10.30 %(including EC & SHEC)

But For Exam the rate is applicable Only 10.30 %

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(Guest)

Originally posted by :abuzar
"	The rate of Service Tax is applicable in Practice is Now 10.30 %(including EC & SHEC) But For Exam the rate is applicable Only 10.30 %	"

For your kind information Mr. Abuzar rate for exam purpose will be 12.36%.

For your satisfaction go to revision test paper issued by ICAI. Q.20

CA. Dashrath Maheshwari (TaXpert) (15103 Points)
Replied 19 May 2009

Originally posted by :Md.Mosharraf Ali Raza
"	Originally posted by :abuzar " The rate of Service Tax is applicable in Practice is Now 10.30 %(including EC & SHEC) But For Exam the rate is applicable Only 10.30 % " For your kind information Mr. Abuzar rate for exam purpose will be 12.36%. For your satisfaction go to revision test paper issued by ICAI. Q.20	"

These are the exams for CHARTERED ACCOUNTANCY, don't go with the institute's RTP as this was printed before revision of rate.

I will suggest you to be practical always, apply 12.36% if the date referred in the question is prior to 24 Feb 2009 else apply 10.3%. It will also show that you are keeping updated to yourself.

**DM

(Guest)

Ok I will

thanks...........

VIPIN GOYAL (P.C.C Student) (44 Points)
Replied 19 May 2009

THE RATE OF SERVICE TAX WILL BE 12.36%, WITH NO DOUBT....

10.3% IS APPLICABLE FOR NOVEMBER ATTEMPT

Rajesh (Article) (42 Points)
Replied 24 May 2009

Originally posted by :Vamshi Raghavendra
"	DEAR SIR,CAN U PLS TELL THE APPLICABILTY OF SERVICE TAX RATE FOR JUNE PCC EXAMS	"

FOR JUNE 2009 EXAMS, AMENDMENTS UPTO 31ST OCTOBER 2008 ARE APLICABLE. HENCE, RATE APPLICABLE IS 12.30% AND DEFINITELY NOT 10.30%

(SINCE 10% RATE IS APPLICABLE W.E.F.24TH FEBRUARY 2009)

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VIPIN GOYAL (P.C.C Student) (44 Points)
Replied 27 May 2009

Rajesh is absolutely right, any amendmant minimum takes 6 months to get applicable in examination, therefor it is quite sure that 12.36% will be applicable for june attempt