Service Tax assessment is collected on the notified administrations by the Central Government. The rate of its is right now 10 for each cent. In any case, the Service Tax rate is planned to increment to 12 percent with the authorization of the Finance Bill, 200G. Education cess at 2 percent is demanded on the Tax. The viable rate of Service Tax works out to 10.2%, which would increment to 12.24%.
February 27, 2016 10:12 pm
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