Service Tax Consultancy

Service tax is a part of Central Excise in India. It is a tax levied on all states in India, except Jammu and Kashmir. The responsibility of collecting the tax lies with the Central Board of Excise and Customs(CBEC). The Finance Minister of India, Pranab Mukherjee in his Budget speech has indicated the government's intent of merging all taxes like Service Tax, Excise and VAT into a common Goods and Service Tax by the year 2011. In budget presented for 2011-2012 It was announced that all Small service providers whose turnover does not exceed 9,00,000 need not pay service tax.

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