What is Service Tax & Excise? How it will be charge?

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Ramesh Sangameswaran

  • Jun 11th, 2007
 

Service Tax is a form of indirect tax imposed on specified services called “taxable services”. Presently it covers 58 services.  service tax shall be paid by the service provider but collected from the service receiver.

Excise is also a form of indirect tax levied on goods produced or manufactured in India.


 

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