d same rate as applicable before
Rate of Service tax applicable for MAY2010
Page no : 2
Ritesh Jain
(CA, CS in Job)
(675 Points)
Replied 21 April 2010
The service tax rates has been changed from effective date of 24th Feb 2009.
If the question in the exams quote as the period of services rendered is before 24th Feb 2009 then you should apply the rate of 12%(plus cess). If no period is quoted then apply 10%(plus cess). However the chances are that the period of rendering os services will always be 2009-10 financial year ,so rates win that case would be 10%(plus cess).
Thanx :)
vikash rathi
(Chartered Accountant)
(787 Points)
Replied 25 April 2010
10%
3% cess on that.....total 10.30%
Narendra
(Manager -Finance)
(30 Points)
Replied 01 June 2010
Please help me to know that Is service tax is applicable on Rent on Plant & Machinery & Equipment if yes wt is rate ?
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