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If theis option is excercised,the scheme is valid for whole year and cannot be withdrawn

  1. Indirect Tax
  2. Amendments Indirect Tax for 2016 2017 Exams

About the Author

CA Maninder Singh's photo - Expert in Practical Accounts, Taxation and Efiling
CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 11 years. He also provides Accounts Tax GST Training in Delhi and Pune.