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If theis option is excercised,the scheme is valid for whole year and cannot be withdrawn

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CA Maninder Singh's photo - Co-founder, Teachoo

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CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 14 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.