0

Service Tax Rates and Tariffs

Description: This quiz covers the service tax rates and tariffs in India.
Number of Questions: 15
Created by:
Tags: service tax rates tariffs india
Attempted 0/15 Correct 0 Score 0

What is the current service tax rate in India?

  1. 12%

  2. 15%

  3. 18%

  4. 21%


Correct Option: C
Explanation:

The current service tax rate in India is 18%.

Which services are exempt from service tax in India?

  1. Educational services

  2. Healthcare services

  3. Transportation services

  4. All of the above


Correct Option: D
Explanation:

Educational services, healthcare services, and transportation services are all exempt from service tax in India.

What is the service tax rate for restaurants in India?

  1. 5%

  2. 10%

  3. 15%

  4. 20%


Correct Option: A
Explanation:

The service tax rate for restaurants in India is 5%.

What is the service tax rate for hotels in India?

  1. 12%

  2. 15%

  3. 18%

  4. 21%


Correct Option: A
Explanation:

The service tax rate for hotels in India is 12%.

What is the service tax rate for telecommunication services in India?

  1. 10%

  2. 12%

  3. 15%

  4. 18%


Correct Option: B
Explanation:

The service tax rate for telecommunication services in India is 12%.

What is the service tax rate for banking and financial services in India?

  1. 10%

  2. 12%

  3. 15%

  4. 18%


Correct Option: C
Explanation:

The service tax rate for banking and financial services in India is 15%.

What is the service tax rate for insurance services in India?

  1. 12%

  2. 15%

  3. 18%

  4. 21%


Correct Option: B
Explanation:

The service tax rate for insurance services in India is 15%.

What is the service tax rate for legal services in India?

  1. 10%

  2. 12%

  3. 15%

  4. 18%


Correct Option: C
Explanation:

The service tax rate for legal services in India is 15%.

What is the service tax rate for accounting services in India?

  1. 10%

  2. 12%

  3. 15%

  4. 18%


Correct Option: C
Explanation:

The service tax rate for accounting services in India is 15%.

What is the service tax rate for engineering services in India?

  1. 10%

  2. 12%

  3. 15%

  4. 18%


Correct Option: C
Explanation:

The service tax rate for engineering services in India is 15%.

What is the service tax rate for management consulting services in India?

  1. 10%

  2. 12%

  3. 15%

  4. 18%


Correct Option: C
Explanation:

The service tax rate for management consulting services in India is 15%.

What is the service tax rate for advertising services in India?

  1. 10%

  2. 12%

  3. 15%

  4. 18%


Correct Option: C
Explanation:

The service tax rate for advertising services in India is 15%.

What is the service tax rate for market research services in India?

  1. 10%

  2. 12%

  3. 15%

  4. 18%


Correct Option: C
Explanation:

The service tax rate for market research services in India is 15%.

What is the service tax rate for public relations services in India?

  1. 10%

  2. 12%

  3. 15%

  4. 18%


Correct Option: C
Explanation:

The service tax rate for public relations services in India is 15%.

What is the service tax rate for event management services in India?

  1. 10%

  2. 12%

  3. 15%

  4. 18%


Correct Option: C
Explanation:

The service tax rate for event management services in India is 15%.

- Hide questions