BANKING RECOVERY AGENCY
Guest
What is the rate of Service tax to be demanded on commission earned?
Service Tax Rate on Commission Clarified: 10% Plus 3% Education and Higher Education Cess A query was raised regarding the applicable rate of service tax on commission earned. The response provided clarified that the rate of service tax is 10%, with an additional 3% comprising education cess and secondary and higher education cess. (AI Summary)