What is the service tax rate applicable for may 2009 exams? whether it is 12.36% or 10.3%
Itz urgent !!!!!
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service tax rate for may 2009 exam
Replies (4)
it should be 12.36 % since the rate has changed in feb 09 which is not before six months
If the question is on the financial year 2008-09, it is 12.36% upto feb and 10.30% for the month of march...
ofcourse 12.36% .... since amendments made b4 6 months r applicable...
10.3 wef from 24thFeb 09
amendments which are more than 6 month ols alone are applicable for CA examination.
Hence, for the June 09 exams the service tax rate applicable would be 12.36%
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