Service Tax is a Tax which is paid by the provider
of service. Any person whose revenue from providing of any type service (Whether
Consultancy Risk advisory, Audit service in
India and other service etc. During the year is more than Rs.10 lakh is
liable to pay service tax as per the Tax rates prescribed by the Govt.
The current service tax rate is 12.36% (will be 14%
from coming year), and the govt keeps the changing this rate in the budget announced
every year. Service tax liable to be paid to any service rendered by any person
in India. Ruchi Anand & Associates is the prominent chartered accountant in
India. They handled tax and accounting services related matters very carefully.
