Hi, Pls provide me the service tax rate for car hire charges. Thanks in advance.
Service Tax Rate for Carhire Charges
jaganathan (accounts executive) (272 Points)
27 June 2011
2 Replies
MUSTAFA LILAMWALA
(MANAGER)
(26 Points)
Replied 27 June 2011
Rate of service tax is 10.3% but there is a abatement of 60% therefore net servicetax rate is 40% of 10.3% ie 4.12%
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