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What is cargo service tax?

Updated: 9/17/2023
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Q: What is cargo service tax?
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Service tax on air cargo services?

@ 12.36% from 01.4.2012 will be levied and included in invoice amount.


What is the meaning of service tax?

the tax imposed on the service providers by the govt. is called service tax


Is Service Tax direct tax?

no service tax is not a direct tax. b'coz direct tax is directly imposed on person and it can't be transfered on the other person. Service tax is levied on service provided and it is levied and collected from clients. so service tax is an Indirect Tax.


What can we do to not pay service tax?

If you do not want to pay service tax, then you should not obtain services that have a service tax. Service tax is a tax on certain services. The amount of services is increasing.


What is the present service tax rate?

till 31.3.2012 service tax rate : 10.30% from 1.4.2012 service tax rate : 12.36%


What is cargo consolidation?

Cargo consolidation service provided by a freight forwarder in which several smaller shipments are assembled and shipped together to avail of better freight rates and security of cargo. Also called assembly service cargo, consolidation or freight consolidation.


What is the difference between TDS and service tax?

TDS is Tax Deduction at Source which is deducted from the service holder/ consultant during payment. At present, TDS is 10.1%. Service tax is a tax payable on the service provided by the service provider, at present it is at 12.36%


Can you tax a service charge?

Establishments are adding tax to their service charges, is that legal?


What is the rate of service tax on international hotel booking service?

No tax is payable


When was Instant Tax Service created?

Instant Tax Service was created in 2000.


When was Liberty Tax Service created?

Liberty Tax Service was created in 1997.


What is cheque name for service tax?

Service tax is paid in Bank and the cheque in favour of the respective bank & ending with the word " service tax"For Eg: Payment of Service tax paid in SBI then the Cheque in favour of "SBI a/c Service Tax".RegardsP.D.Sankar Narayanan.Chennai+91 98402 56829