What is the present rate of service tax?

What is present rate of service tax?

  • west bengal

  • 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.

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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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