What is present rate of service tax?
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west bengal
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Answer:
The present rate of service tax for Finance year 2008-09 is as follows (Service tax rate is common in all of states in India except J &K) Basic - 12% Education cess - 2% of Basic Higher E Cess - 1 % of Basic Total - 12.36 % If you are going for composition scheme then the rate of tax is 2.06% Hope this get you.
Binay K at Yahoo! Answers Visit the source
Other answers
For information on Service Tax in India, read http://mytaxes.in/index.php?topic=14.0 Service tax rate is same all over India.
Jss
present service tax is 12% and 3% education cess on 12%... so the total service tax is 12.36%
Shani
I think it is 12% and 3% surcharge on the tax. So it becomes 12.36%
Vipul Mittal
12.36%
yogesh mahajan
12.36 %
delta
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