We know that normal rate of service tax is 14%
However for certain assessees,there is an option to pay service tax at a special rate
This scheme is optional
If theis option is excercised,the scheme is valid for whole year and cannot be withdrawn
Special rates of Service tax Amendments
Last updated at Dec. 16, 2024 by Teachoo
We know that normal rate of service tax is 14%
However for certain assessees,there is an option to pay service tax at a special rate
This scheme is optional
If theis option is excercised,the scheme is valid for whole year and cannot be withdrawn