The service tax exemption limit is ₹10 lakhs. If it exceeds ₹10 lakhs, you are liable to pay a service tax (in FY 2012-13) of 12.36%, including surcharge and cess per month. You can also remit them online to the authorities at the Tax Department. Sales tax and Value Added Taxes differ from state to state. For instance, in Maharashtra State, it is 4% and 5%, respectively. Excise duty is applicable on the final product and is subject to the central VAT on the manufactured product.
Please refer to the following link for more clarity:
Source:
http://smallbusinessindia.intuit.in/...answered-free/
You may also use the "RESEARCH" tab at the top of this page near the Cite HR logo to find previous posts on similar topics or refer to the Download threads and Article picks on the right-hand side of this page.
Good luck!!
Regards