Effective rate applicable

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..... Service Tax liability under the category of Banking and other financial service for hire purchase agreement of an equipment. Principal amount - Rs.200000.00 Monthly Interest amount - Rs. 10000.00 Serv .....

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..... ice tax payable on the above as per effective rate vide Notification No. 4/2006 ST dated 01.03.06 - Reply By Markesh Antony - The Reply = Exemption from service tax has been provided to financial .....

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..... leasing services including equipment leasing and hire-purchase, both for principal and interest portion of the installments paid. The amount of interest is calculated as 90% of the difference between .....

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..... the installment paid towards the payment of the lease amount and the principal amount in such installment. ( Notification No.4/2006 -Service Tax dated 1.3.2006) - Effective rate applicable - Query .....

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..... Started By: - Bashiruddin shaikh Dated:- 4-6-2009 Service Tax - Got 1 Reply - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - ta .....

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..... xmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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