Basics of Service Tax

The basic concepts of service tax is reviewed by Mr. S. Jaikumar, Advocate and Country Head of Swamy Associates. The concepts reviewed in this article include:

• What is service tax?
• What is the rate of service tax?
• What is service tax exemption?
• Am I liable to pay service tax once service tax registration is obtained?
• Can a business be re-eligible for service tax exemption if taxable services dips below the exemption threshold?
• What services are exempt from service tax?

What is Service Tax?

https://www.youtube.com/watch?v=JT30EFKtFc4

What is the rate of service tax?

https://www.youtube.com/watch?v=HYN6SrTG_24

What is service tax exemption?

https://www.youtube.com/watch?v=D6PqcdPfoZA

Service tax exemption re-eligibility

https://www.youtube.com/watch?v=7FewYWOo7CA

Which services are exempt from service tax?

https://youtu.be/S0ZOx7VFq6g