FRIENDS....I HEARD ABT SOME AMMENDMENDS IN SERVICE TAX AND SOMETHING RELATED TO SERVICES.....I WANTS ANY1 TO PLS PROVIDE ME A COMPLETE SERVICE TAX FILE FOR EXAMINATION PURPOSE INCLUDING NUMERICALS OF SERVICE TAX...
2 Replies
CA Sahil Singla..
(Service Tax )
(3746 Points)
Replied 10 September 2012
The changes in Service tax are not applicable for Nov 2012 Exams, For Nov 2012 exams, visit ICAI website for Publications.
CS RAJESH C.CHOUDHARY
(ASSISTANT MANAGER)
(14607 Points)
Replied 10 September 2012
As per section 66, rate of service tax is 12% of the value of taxable services. However, in February 2009, the rate of service tax was reduced to 10% vide Notification No.8/2009 ST dated 24.02.2009.
With effect from 01.04.2012, Notification No. 02/2012-ST dated 17.03.2012 rescinded the said notification and resultantly, the rate of service tax has again been restored to 12%.
Please find the file attached herewith.
Regards,
RAJESH CHOUDHARY
Attached File : 594213 1052561 ipcc service tax amendments nov 2012.pdf downloaded: 242 times
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