The concept of service tax service tax
was first introduced in India in 1994, its scope has gradually increased, in
view of the revenue earning potentials. The service tax, that is indirect
tax, has become a buzzword in the taxation laws and envisaged as the tax of
the future.
Applicability of the service tax : The service tax is payable on all the
taxable service rendered in India (except Jammu & Kashmir), whether to
an Indian or foreign client. However services rendered abroad shall not
attract service tax levies, as it extends only to services provided within
India. The rate of service tax is 8% ad valorem with effect from 14.05.2003.
We provide following service tax services for their service tax clients:
