Sir/Madam,
In Income Tax Surcharge is applicable if Taxable Income Exceeds Rs.10 Lakh.
Like that, In Service Tax is there any surcharge? if so, what is the sealing.
please guide me.
M.Sriram Shenoy
(CA Final)
(814 Points)
Replied 14 August 2008
There is no limit for surcharge on service tax. Moreover, there is no component called "Surcharge" in service tax portion. Only Education cess @ 3%
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