What is the procedure for calculation of Minimum Alternate Tax?

PLEASE TELL ME SERVICE TAX CALCULATION PROCEDURE?

  • Answer:

    google it

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it depends upon the service you provides.. there are certain exemption notifications for some services. normally, charge service tax @ 12% on value or service value as the case maybe & 2% Ed.Cess & 1% S&H Ed.Cess on 12% should be charged. the liability of payment of such tax lies only when it is received by you. 4 more mail me on [email protected]

jitu.jeetu

Gross amount charged add : ST @12% add: 3% cess on ST this the normal procedure adopted but there are exemptions and abatements for many of the service providers. to know more about these abatements you can directly approach us at [email protected] with further details

mhtdaga

simple First minus service tax recived from service tax payable n pay it by challan in bank

riddhi

www.caclubindia.com

Balaji K

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