What is Service Tax?

Service tax is tax paid on the services provided in the country. According to Finance Act 1994, all service provider of the country except in the Jammu and Kashmir have to pay service tax. This tax comes under Indirect Tax. Currently 10% tax is surcharged as service tax.

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Comments

  • prabhjot kaur
    Reply

    Sir pl explain this service tax with example.
    Its really confusing.
    M going to appear in csp-2015.

    Regards