SOUMYA SEN (CA FINAL STUDENT) (186 Points)
06 July 2012Friends,
It would be kind of you if you let me know what would be the applicable Service Tax rate for Nov 2012 exams. In May 2012 exams the rate was 10.3%. Please tell wether 10.3% is applicable for Nov 2012 also or for Nov 2012 12.36% rate is applicable.
Thanx
Saurabh Maheshwari
(B.com,ACA)
(5923 Points)
Replied 06 July 2012
The rate should be 12.36% , but I think that in exam ques you will be given the rate to be used.
CA Sripal Jain
(Associate Finance)
(709 Points)
Replied 06 July 2012
six months before amendements dont apply ,anyways its prudent to mention in working note about the rate change,anyways if they give the dates diff say june 2012 he provided service,then service tax rate wil be 12.36 percent ,so better write a working note,it takes 2 minutes
regards
sripal jain
CA DILIP KR. SHAW
(practice)
(34 Points)
Replied 06 July 2012
In my point of view service tax rate 12.36% is applicable for nov 12 ca final exam .
mridul savio Pinto
(articled trainee )
(1477 Points)
Replied 06 July 2012
12.36% frm my point of view
CAclubindia
