Service tax rate applicable for ipcc november,2012.

IPCC 4121 views 17 replies
Can someone kindly tell me what the applicable service tax rate for IPCC november, 2012 is? Is it 10(+3)% or 12(+3)%?
Replies (17)

10.30% for nov 2012

10.30% only  for nov 12 exams :)

Thanks for the replies.

hi jainith 

          are u sure about this?

Yeah.. I'm pakka sure ! As I'm also appearing for IPCC nov 12 only :)

for Nov. 2012 exams s.tax rate ---- 12.36%

 

 

Thanks & Regards

Vipul jain

some say its 12%...wats da exact rate?

Originally posted by : vipul jain

for Nov. 2012 exams s.tax rate ---- 12.36%

 

 

Thanks & Regards

Vipul jain

No vipul bhai..

According to the latest journal from icai its says that :

service tax rate will be applicable as given in publication of dec 2011.. for Ay 12-13..

And the rate given in the dec 2011 publicaton book is 10.30%

For the reference i'm attachimg file i.e. latest jouranl by ICAI for the month august.. :)




 

As per Supplementary Study Paper 2011, the service tax rate applicable for november,2012 exam is 10.3%. I was confused before I checked the aforementioned source. Thank you everybody for your replies.

Good evg frnds.....

RTP-Nov. 2012 ==>> As per RTP relevant for nov 2012 exam,, S.tax rate is 12 % puls cess....

 

chk dis link....page no. 9

Bhai vipul..

The file which u provided says that 12.3% will be applicable only on and after 01.04.2012 i.e. it will be applicable for assement year 13-14 but not for AY 12-13..

As we are writing for nov 12 the provisions related to AY 12-13 will only apply.. therefore the tax rate for the AY 12-13 is 10.30% only.. so 10.30% applies

Now plzz don create any further doubtz n confusion :)

Thanking you smiley

as per the RTP the ST rate is 12%

frnds dnt get confuse.....its d time to revise not to confuse...st applicable rate is 12% basic and cess 3% in total 12.36%

what is the amount of service tax payable on every 10 Lakh (or part of 10 Lakh) of aggregate face value of lottery tickets printed by the organising State for a draw?? i need the answer as per the amendments applicable for ipcc nov 2012.....


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