10th January 2014 From India, Mumbai
11th January 2014 From India, New Delhi
#AnonymousPlease let us also know what is the rate of service tax you would levy on a "salary"? And of course the law that mandates this.
Section 65B(44) of Finance Act, 1994 as introduced w.e.f. 1-7-2012 reads as follows – “Service” means any activity carried out by a person for another for consideration, and includes a declared service, but shall not include— (a) – - (b) a provision of service by an employee to the employer in the course of or in relation to his employment (c) – - .
Thus, services provided by employee to employer have been excluded from the definition of ‘service’ itself.
11th January 2014 From India, Mumbai