what is the present service tax rate in general
10% 0r 12%
Ratan Deep Saxena
(Asstt Manager (Accounts & Finance))
(2998 Points)
Replied 30 September 2009
service tax rate: 10%
education cess: 2% on service tax
higher education cess : 1% on service tax
Net rate : 10.30%
Aarush
(Delhi)
(1566 Points)
Replied 30 September 2009
From 24h Feb 2009 it is service tax rate: 10%
education cess: 2% on service tax
higher education cess : 1% on service tax
Net rate : 10.30%, and earlier it was 12.36%
Pramesh Shrestha
(Article trainee)
(33 Points)
Replied 30 September 2009
so this 10.30% rate will be applicable for Nov 2009 exam, won't it?
nancy
(student)
(127 Points)
Replied 01 October 2009
Ratan Deep Saxena
(Asstt Manager (Accounts & Finance))
(2998 Points)
Replied 01 October 2009
Amendment applicable in the june attempt will follow in the Nov attempt also.
regards,
ratan
CAclubindia
