(7) Service Tax:-
Most of the paid services you take you have to pay service tax on those services. This tax is called service tax. Over the past few years, service tax been expanded to cover new services.
Few of the major service which comes under vicinity of service tax are telephone, tour operator, architect, interior decorator, advertising, beauty parlor, health center, banking and financial service, event management, maintenance service, consultancy service
Current rate of interest on service tax is 14%. This tax is passed on to us by service provider.
No comments:
Post a Comment